Manipal Payment and Identity Solutions reports Q2 FY27 results

Manipal Payment and Identity Solutions Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The Board of Directors approved these results, which include standalone and consolidated figures. The company’s financial statements, along with the Limited Review Report from its Statutory Auditors, have been enclosed. The meeting commenced at 03:30 PM IST and concluded at 04:10 PM IST on November 3, 2026. These results are also available on the company’s investor relations website.

Manipal Payment and Identity Solutions Announces Q2 FY27 Financial Results

Manipal Payment and Identity Solutions Limited has officially disclosed its unaudited financial results for the quarter and the half year that concluded on September 30, 2026. The Board of Directors, at their meeting held on November 3, 2026, gave their approval to these financial outcomes. The disclosed results encompass both standalone and consolidated financial statements, along with the Limited Review Report provided by the company’s Statutory Auditors. This announcement is in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Highlights and Meeting Details

The Board Meeting, which reviewed these financial results, commenced at 03:30 PM IST and concluded at 04:10 PM IST on the same day. The unaudited financial results for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee, were approved. Investors and stakeholders can access this information on the company’s official website at https://mpimanipal.com/investor-corner for further details and analysis.

Auditor’s Review and Company Information

The independent auditor’s report confirms that the accompanying statement of standalone unaudited quarterly financial results has been reviewed in accordance with the Standard on Review Engagements (SRE) 2410. The auditors found no material misstatements in the results prepared under Indian Accounting Standard 34. Manipal Payment and Identity Solutions Limited, formerly known as MCT Cards & Technology Limited, has provided its financial disclosures for the relevant periods.

Standalone Financial Overview

The standalone balance sheet as of September 30, 2026, shows total assets of ₹17,149.19 million, with equity and liabilities totaling the same amount. The statement of standalone unaudited financial results for the quarter ended September 30, 2026, reports revenue from operations at ₹4,139.74 million and a profit after tax of ₹824.72 million. For the period ended September 30, 2026, revenue from operations stood at ₹8,232.94 million, with a profit after tax of ₹1,584.36 million.

Consolidated Financial Overview

The consolidated balance sheet as of September 30, 2026, indicates total assets of ₹17,219.96 million. For the consolidated statement of unaudited financial results, the quarter ended September 30, 2026, shows revenue from operations of ₹4,304.00 million and a profit after tax of ₹808.80 million. The period ended September 30, 2026, reported revenue from operations of ₹8,493.56 million and a profit after tax of ₹1,585.82 million.

The company also disclosed the utilization of its Initial Public Offering (IPO) net proceeds. As of September 30, 2026, the utilization of IPO proceeds amounted to ₹2,953.22 million. The company has one operating segment, “Payment and Identity Solutions,” and its financial reporting reflects this structure.

Source: BSE

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