DigiSpice reports strong Q2 FY'26 performance, outlines growth for Spice Money

DigiSpice Technologies announced a strong second quarter for FY'26, with a consolidated revenue of INR 124 crores, a 14% year-on-year increase. Gross margin rose by 20% year-on-year to INR 52 crores, and EBIT reached INR 10.6 crores, a 30x increase year-on-year. The company reported a consolidated PAT of INR 7.2 crores, marking two consecutive quarters of profit after tax. The annualized return on capital employed (ROCE) stood at 12.8%, with return on investment (ROI) at 31.4%, highlighting an asset-light model.

Spice Money, the company's fintech subsidiary, expanded its agent network to 1.61 million across 2.5 lakh small towns, serving nearly 27 million customers monthly. Gross transaction value (GTV) grew by 22% year-on-year to INR 32,270 crores. Cash management services (CMS) GTV increased by 30% to INR 11,505 crores, and credit distributed grew by 2.6x year-on-year to INR 176 crores, with plans to reach INR 100 crores a month. The company also launched UPI Cashpoint, a new cash withdrawal product, and is focusing on increasing per-agent throughput and introducing value-added products like credit and insurance.