Choice International has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a robust 34.07% year-on-year growth in total revenue, reaching ₹319 crore. Profit After Tax (PAT) also saw a significant increase of 26.37%, climbing to ₹61 crore. Key business highlights include strong growth in Demat accounts and client assets in stock broking.
Choice International Reports Strong Q1 FY27 Performance
Choice International Limited has commenced FY27 with strong operating momentum, highlighted by impressive financial results for the quarter ended June 30, 2026. The company announced a substantial 34.07% year-on-year increase in total revenue, which reached ₹319 crore, up from ₹238 crore in the same quarter last year (Q1 FY26). This growth underscores the company’s robust performance in the financial services sector.
Profitability Boosts Significantly
Profitability also saw a considerable uplift. Profit After Tax (PAT) grew by 26.37% to ₹61 crore in Q1 FY27, compared to ₹48 crore in Q1 FY26. EBITDA also showed a positive trend, increasing by 31.38% to ₹114 crore. The company’s PAT margin stood at 19.00% for the quarter.
Key Business Segment Highlights
The company detailed several key business highlights contributing to its performance:
- Revenue contribution was primarily driven by Stock Broking (59%), followed by Advisory (27%) and NBFC (13%).
- Demat accounts saw a 13% YoY growth, reaching 12.94 lakh.
- Client Assets for Stock Broking grew by a robust 30% YoY to ₹62,226 crore.
- Wealth Products AUM increased by 4% YoY to ₹4,961 crore.
- Insurance premiums generated rose by 5% YoY to ₹80.2 crore, with a significant 73% YoY growth in insurance policies sold (67,828).
- The total NBFC loan book stood at ₹836 crore.
- The Advisory segment order book was valued at ₹777 crore.
Strategic Initiatives and Future Outlook
The Managing Director, Mr. Kamal Poddar, commented on the performance, highlighting the group’s clear operating momentum and strategic priorities. Subsidiaries have secured significant government mandates, and strategic partnerships, including an investment from South Korea’s NH Investment & Securities, are set to accelerate growth. The company is focused on building on this quarter’s progress to deliver sustained value to stakeholders.
Source: BSE
