Purple Finance Ltd — Important, 21-07-2026: Company Update

Purple Finance has announced its plan for inorganic growth by approving the acquisition of Saksham Gram Credit Private Limited as a wholly-owned subsidiary, pending due diligence. This move will expand Purple Finance's presence into rural and semi-rural markets, targeting Tier III & IV cities and Southern India, and is expected to boost combined AUM to Rs 850 Cr. The company secured Rs 108 Cr in equity funding to support growth. For the quarter, it reported a total income of Rs 16.22 Cr, up 162.55% year-on-year, and a profit after tax of Rs 0.38 Cr, marking a significant turnaround. Its current AUM stands at over Rs 278 Cr.