Mumbai, Nov. 7 -- Profit before tax was at Rs 70 crore in Q2 FY26, up 118.55% as against the Rs 32.03 crore posted in Q2 FY25.

Total expenses jumped 18.41% YoY to Rs 37.05 crore during the quarter. Finance costs stood at Rs 2.25 crore (up 542.86% YoY), and employee benefits expenses came in at Rs 25.41 crore (up 2.13% YoY).

On the segmental front, revenue from stockbroking stood at Rs 17.34 crore (down 24.48% YoY), and investment banking stood at Rs 86.14 crore (up 129.28% YoY) during the period under review.

Dharmesh Mehta, managing director & CEO of DAM Capital Advisors, said, "Q2 FY26 marked a landmark quarter with the firm's highest-ever performance amid a rebound in capital market activity. The revival in India's primary markets a...