Stock Report

Purple Finance Limited Reaches ₹250 Crore Disbursement Milestone



Posted On : 2026-04-09 20:30:34( TIMEZONE : IST )

Purple Finance Limited Reaches ₹250 Crore Disbursement Milestone

Purple Finance Limited (BSE: PURPLEFIN | 544191), a Mumbai-based non-banking financial company (NBFC), has reached a key operational milestone. In a regulatory filing dated April 9, 2026, the company announced that its total cumulative disbursements have surpassed ₹250 crore.

This achievement highlights the company's steady scaling in the retail and MSME lending space. The management noted that the milestone reflects consistent growth and growing market trust in their financial products.

Purple Finance specializes in providing tailored financial solutions to underserved segments. With its corporate headquarters in Bandra (East), Mumbai, the company has been expanding its loan book through a mix of equity and debt instruments, including multiple listed debt series (1225PFL28, 1250PFL31, and PFL06426).

The company expressed its commitment to further strengthening its service offerings and expanding its footprint in the "meaningful financial solutions" category in the upcoming quarters.

Shares of Purple Finance Limited was last trading in BSE at Rs. 58.02 as compared to the previous close of Rs. 57.11. The total number of shares traded during the day was 36156 in over 73 trades.

The stock hit an intraday high of Rs. 58.78 and intraday low of 57.00. The net turnover during the day was Rs. 2093008.00.

Source : Equity Bulls

Keywords

PurpleFinance NBFC INE0CYK01015 Disbursement Milestone