Quest Capital Markets Reports Mixed Q2 Performance with Profit Drop and Investment Volatility

Quest Capital Markets Limited reported a profit of Rs. 76.25 lakhs for the quarter ended September 30, 2025, down from Rs. 106.03 lakhs in the same period last year, while experiencing significant other comprehensive loss of Rs. 7,846.37 lakhs due to fair value changes in investments. The company's total revenue from operations declined to Rs. 116.35 lakhs from Rs. 154.09 lakhs year-over-year, primarily impacted by lower interest income and dividend receipts.

Quest Capital Markets Reports Quarterly Financial Results for Period Ended September 30, 2025

Quest Capital Markets Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The Board of Directors approved the results at a meeting held on November 11, 2025. For the quarter ended September 30, 2025, the company reported total revenue from operations of Rs 416.35 lakhs compared to Rs 446.90 lakhs in the previous quarter. Net profit for the quarter was Rs 272.84 lakhs versus Rs 361.63 lakhs in the prior quarter. For the six months ended September 30, 2025, total revenue was Rs 863.25 lakhs with a net profit of Rs 602.84 lakhs. The company's total assets stood at Rs 92,523.88 lakhs as of September 30, 2025. Earnings per share for the quarter was Rs 0.76 compared to Rs 1.54 in the previous quarter. The results were reviewed by the Audit Committee and approved by the Board of Directors, with a limited review conducted by V. Singhi Associates, Chartered Accountants.

Quest Capital Markets Appoints Dhara Agarwal as Independent Director

Quest Capital Markets Limited appointed Ms. Dhara Agarwal as an Additional Director in the Non-Executive Independent Director category for a 5-year term, effective October 17, 2025. The appointment is subject to shareholder approval and was approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation. Ms. Agarwal holds a B.Com degree, is a qualified Company Secretary, and has an MBA in finance with over 15 years of experience in Corporate and Secretarial Affairs, Corporate Compliance, Due Diligence, and CSR Activities. The company confirmed she is not debarred from holding directorship by SEBI or any other authority and meets the eligibility criteria for independent director appointment.

Quest Capital Markets Appoints New CEO as Arun Kumar Mukherjee Resigns Due to Health Concerns

Quest Capital Markets Limited announced the resignation of CEO Arun Kumar Mukherjee effective August 12, 2025, citing advanced age and health-related concerns. The Board appointed Ms. Tanuja Mantri as the new Chief Executive Officer for a two-year term from August 18, 2025 to August 17, 2027. The company also approved its unaudited financial results for the quarter ended June 30, 2025, showing total revenue from operations of Rs. 216.80 lakhs compared to Rs. 143.62 lakhs in the same quarter last year. The company reported a profit of Rs. 153.63 lakhs for the quarter versus Rs. 117.30 lakhs in the previous year quarter. Basic earnings per share stood at Rs. 1.54 for the quarter.