SG Finserve reports strong half-year growth, announces leadership changes

SG Finserve Limited (SGFL) announced a strong performance for the half year ended September 30, 2025, with profit after tax (PAT) reaching INR 52.92 crores, a 58% increase year-on-year. Operating income rose by 91% to INR 142.31 crores, and net interest income (NII) increased by 40% to INR 87.18 crores compared to H1 FY25. The company’s loan book (EOP) expanded significantly by 250% to INR 2,878 crores, driven by a 39% rise in gross disbursements to INR 11,130 crores.

The board also confirmed leadership changes: Sorabh Dhawan resigned as chief executive effective November 3, 2025, to be succeeded by Vinay Gupta by November 24, 2025. Sahil Sikka resigned as chief financial officer and chief operating officer effective December 31, 2025, with Sanjay Rajput elevated to chief financial officer from January 1, 2026. Kush Mishra was appointed company secretary and KMP, and Saurabh Mishra was named head of internal audit. Additionally, H.S.U. Kamath and Dukhabandhu Rath were reappointed as independent directors for second five-year terms.

SGFL continues to expand its digital supply chain financing, with MOUs totaling INR 6,550 crore already in place to fuel future growth. The company maintains an impairment reserve of Rs. 157.60 lakhs as of September 30, 2025, and reported a capital to risk-weighted assets ratio of 36.65%.