Purple Finance

The non-banking lender will explore expansion options as its combined assets under management reach ₹853 crore following a recent acquisition.

The company offers structured onboarding, leadership programs, mentorship, and skill workshops to support employee development.

Mr. Sonawala has 30 years of experience in business, legal matters, corporate affairs, and compliance, holding a proficiency certificate as an Independent Director from the Indian Institute of Corporate Affairs.

Mr. Rajan Bhat is a seasoned business leader with extensive experience in the financial services and consulting sectors.

Rajeev Deoras has nearly 37 years of experience in banking and financial services, including roles at State Bank of India and ICICI Bank Ltd.

Mr. Sandeep Jindal is a Chartered Accountant with over 25 years of experience in strategic leadership, NBFCs, securities, and capital markets, specializing in RBI, SEBI, and MCA regulations.

Annual Secretarial Compliance Report

Purple Finance Limited Survey No. 451, Mandsaur Chauraya, Neemuch Road Opp. Banga Auto part Manasa – 458110

Purple Finance Limited Office 1, 1st Floor, Tripathi Tower, Near Kamla College Ground, Rajnandgaon – 491441

Customers can contact Purple Finance via email, call, or written communication to report grievances or complaints.

Purple Finance provides simple and transparent financial solutions to support long-term business growth.

Policies

Purple Finance is entering the affordable housing finance market to serve rural and mass-market borrowers. The move aims to broaden its lending offerings and reach underserved segments. The company focuses on expanding its loan portfolio beyond its current operations.

Oct 2026thehindubusinessline.comNews article

Purple Finance reports a standalone net profit of **Rs 0.02 crore** for the March 2026 quarter. The company’s sales surged **223.71% year-over-year**, reaching **Rs 47.65 crore** for the full fiscal year, up from Rs 14.72 crore in 2025. Despite the profit in Q4, Purple Finance still recorded an annual net loss of **Rs 6.44 crore**, an improvement from Rs 15.55 crore in the prior year.

Apr 2026business-standard.comNews article

Purple Finance reports a standalone net profit of **Rs 0.01 crore** for the December 2025 quarter. The financial update highlights the company’s first recorded profitability in the reported period, marking a milestone in its operational performance. No additional details on revenue, expenses, or growth drivers are provided in the announcement.

Jan 2026business-standard.comNews article

Purple Finance has listed on the Bombay Stock Exchange (BSE) as part of its expansion. The fintech company targets micro, small, and medium enterprises (MSMEs) with financial solutions. The listing signals a milestone in its growth strategy, positioning it to serve underserved business segments.

Jun 2024The StatesmanNews article