Onemi Technology Solutions delivered impressive financial performance in the June 2026 quarter, with consolidated net profit surging 59.16% to ₹95.08 crore compared to ₹59.74 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this significant profit growth demonstrates the company's strong operational efficiency and market positioning during the quarter.
The company's revenue momentum remained robust with sales rising 44.57% to ₹669.50 crore in Q1 FY2026, up from ₹463.10 crore in the same quarter last year. As reported by Business Standard, this substantial revenue growth indicates strong demand for the company's products and services in the current market environment.
The company's operating profit margin (OPM) improved to 30.97% in the June 2026 quarter, compared to 30.59% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this margin expansion reflects better cost management and operational efficiency during the quarter.
Profit before tax (PBT) increased 60% to ₹127.70 crore in the June 2026 quarter, up from ₹79.75 crore in the previous year's corresponding quarter. As reported by Business Standard, this strong PBT performance indicates robust operational performance across all business segments during the quarter.
Looking ahead, OnEMI Technology Solutions expects its assets under management (AUM) to grow by more than 40% in FY27, driven entirely by organic expansion. According to CEO Ranvir Singh, the company anticipates cost of funds to decline by at least 100 basis points in the second half of FY27 following a ratings upgrade and recent equity infusion. The company's loan against property (LAP) business remains on track to turn profitable by the October-December 2026 quarter, with Singh expressing confidence in the unsecured loan portfolio performance despite concerns around higher oil prices and West Asia conflict impact.
The company currently maintains a market capitalisation of ₹5,439.47 crore and continues to guide for Stage 3 assets at 2.25%. Singh ruled out acquisitions, stating the company remains on track to exceed its 2026-27 AUM target through repeat customers and its existing lending franchise. The ratings upgrade has reduced the cost of incremental borrowings by 200-225 basis points, while the recent capital raise has strengthened lender confidence, positioning the company for continued growth in the coming quarters.
