Wealth First swings to ₹13.7 cr profit in Q4
The wealth manager ended the fiscal year with a ₹40.23 crore profit, marking a 19% annual gain after a loss-making start to the year.
— 1 earlier story on Wealth First Portfolio Managers Ltd. →What's new
- Q4 standalone profit hit ₹13.7 cr, reversing a ₹4.27 cr loss from the same period last year.
- Full-year net profit rose 19% to ₹40.23 cr.
- Board recommended a final dividend of ₹1 per share.
Why this matters
The company recovered from a weak nine-month stretch to finish the year with strong momentum. This turnaround confirms the firm's ability to generate profit despite earlier volatility.
What we're watching
- Sustainability of the Q4 profit margins in the coming fiscal year.
- The impact of the new investment committee on capital allocation.
- Whether the authorized capital increase precedes a future fundraise.
The full read
Wealth First Portfolio Managers ended the fiscal year on a high note. After a difficult nine-month period, the company posted a standalone net profit of ₹13.7 crore for the quarter ending March 2026, a sharp reversal from the ₹4.27 crore loss reported in the same quarter last year. This performance pushed the full-year net profit to ₹40.23 crore, representing a 19% increase over the prior year. The board also recommended a final dividend of ₹1 per share and approved an increase in authorized share capital from ₹11 crore to ₹12 crore. While the company also reappointed its internal auditor and formed an investment committee, the primary takeaway is the clear recovery in profitability. The firm has successfully moved past the weakness seen earlier in the year.
Questions answered
- How does the Q4 performance compare to last year?
- Wealth First reported a standalone net profit of ₹13.7 crore for the quarter, a significant swing from the ₹4.27 crore loss recorded in the same quarter last year.
- What was the total profit for the full fiscal year?
- The company posted a full-year net profit of ₹40.23 crore, which is a 19% increase over the previous year.
- What changes did the board approve regarding capital?
- The board approved an increase in the authorized share capital from ₹11 crore to ₹12 crore to provide flexibility for future corporate requirements.
- Is there a dividend payout?
- Yes, the board recommended a final dividend of ₹1 per share.
Story so far
All notes on WEALTH →- 29 May 2026 · 4:41 PM IST Wealth First swings to ₹13.7 cr profit in Q4
- 9d ago Wealth First board to weigh capital increase, annual results