Moneyview's maiden listed quarter: consolidated PAT +169% YoY (adjusted), margins expand

Moneyview's first quarterly disclosure as a listed company shows consolidated revenue from operations of ₹1,120.2 Cr for Q2 FY27 (quarter ended September 30, 2026), up 41.0% YoY from ₹794.2 Cr and up 7.6% QoQ from ₹1,041.1 Cr. Consolidated PAT was ₹200.7 Cr, up 418.4% YoY on a reported basis — but that comparison is skewed by a ₹47.9 Cr one-off cash loss (net of recoveries) at subsidiary Whizdm Finance Private Limited (WFPL) from an API-exploitation cyber incident between August 5-7, 2025, booked as an exceptional item in the year-ago quarter. Stripping that out, adjusted YoY consolidated PAT growth was a still-strong 169.1% (₹200.7 Cr vs an adjusted ₹74.6 Cr base), with 15.5% QoQ growth from ₹173.8 Cr. Standalone (parent-only) PAT, which carries no exceptional items in either period, grew 231.2% YoY to ₹164.8 Cr and 22.0% QoQ.

Consolidated net profit margin expanded to 17.5% of total income from 16.3% in Q1 FY27 and from an adjusted 9.3% (4.8% reported) a year earlier; operating margin (PBT before exceptional items ÷ total income) rose to 23.5% from 21.9% sequentially and 12.5% YoY, as revenue growth outpaced the 24.5% YoY rise in total expenses to ₹876.5 Cr even as impairment of financial instruments on the lending book climbed sharply. Standalone margins moved the same way — NPM at 24.7% versus 21.7% QoQ and 11.0% a year ago — indicating the group's core digital-lending operations, not one-off items, drove the quarter.

The stock went into the print at ₹56.31, up 11.5% over the past month of trading.

Consolidated basic EPS ₹1.35 vs ₹1.13 QoQ and ₹0.26 YoY

This is Moneyview's maiden result as a listed entity: it raised ₹750 Cr via fresh issue (total IPO size ₹1,091.7 Cr including an offer-for-sale) at ₹32-34/share, debuting on the BSE and NSE on October 1, 2026 — the day after this quarter closed — at a roughly 61-64% listing-day premium. As of September 30, 2026 the ₹750 Cr fresh-issue proceeds remained unutilized, with monitoring agency CARE Ratings reporting no deviation from the stated objects. There is no analyst consensus or brokerage estimate on record for this print given its one-month listing history, so vsStreet is unknown; there is also no prior management guidance or concall on file, as this is the company's first quarterly disclosure since listing. Other developments this quarter — ESOP scheme and MOA/AOA alterations, a ₹250 Cr investment in a wholly-owned subsidiary, and an 11.19% stake disclosure by Internet Fund III — are corporate/ownership actions tied to the listing event rather than drivers of this quarter's operating numbers.