Choice International Reports Record ₹379 Cr Revenue in Q2FY27
Choice International Limited announced its unaudited financial results for Q2 FY27, reporting its highest-ever consolidated revenue of ₹3,790 million (₹379 crore), a 33% increase year-on-year. Consolidated net profit rose by 23% YoY to ₹69.47 crore, with a PAT margin of 18.3%. Consolidated EBITDA stood at ₹130.63 crore (34.5% margin). The company also recommended a 1:1 bonus share issuance, subject to shareholder approval. Key business developments include a ₹900 crore investment from South Korea's NH Investment & Securities to support MTF expansion, a 14% YoY increase in demat accounts to 13.78 lakh, and a strong pipeline in advisory businesses with a government advisory order book of ₹710 crore and 24 IPO mandates. The NBFC loan book reached ₹935 crore.
Key Highlights
- Record consolidated revenue of ₹379 crore in Q2 FY27, up 33% YoY.
- Consolidated net profit increased 23% YoY to ₹69.47 crore.
- Recommended 1:1 bonus share issuance, pending shareholder approval.
- Received ₹900 crore investment from NH Investment & Securities.
- Demat accounts grew 14% YoY to 13.78 lakh.
Price Impact
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