Emkay Global Financial Services reported a steep decline in earnings for the quarter ended September 30, 2025, as lower trading activity and reduced fee income hit performance. The brokerage firm posted a net profit of ₹45.95 lakh in Q2 FY26, sharply lower than ₹25.90 crore (₹2,590.66 lakh) in Q2 FY25 — a 98% year-on-year drop.
Revenue from operations also fell 34% YoY to ₹77.08 crore, compared to ₹108.56 crore in the same quarter last year. Sequentially, revenue was broadly stable versus ₹77.76 crore in Q1 FY26, while profit declined from ₹5.83 crore in the previous quarter.
Total expenses stood at ₹76.75 crore in Q2 FY26, compared with ₹72.50 crore in Q2 FY25, driven by higher employee and administrative costs.
With trading and capital market volumes remaining volatile, the company’s H1 FY26 net profit came in at ₹5.24 crore, sharply lower than ₹25.91 crore a year earlier.
