Mumbai (Maharashtra) [India], November 17: Bartronics India has announced a stellar performance for the second quarter of Fiscal Year 2026, signaling a definitive continuation of its operational turnaround. The company has achieved a significant surge in revenue from operations, reaching ₹1,239.67 lakh, which represents a robust 40% year-on-year and a 40% sequential growth. This impressive financial outcome is attributed to enhanced field execution, improved on-ground productivity, and more effective conversion rates across key financial inclusion schemes.
The company’s net profit for the quarter stood at ₹100.43 lakh, a substantial increase from ₹44.71 lakh recorded in the first quarter. This improvement highlights the impact of enhanced operating leverage and the successful implementation of disciplined cost management strategies. For the first half of the fiscal year, ending September 30, 2025, Bartronics India reported revenue of ₹2,122.98 lakh, maintaining stability compared to the previous year. Concurrently, its profit after tax saw a notable 27% year-on-year increase, reaching ₹145.14 lakh, underscoring a more resilient and structurally strengthened profitability profile.
These improved earnings are a direct result of sustained operational initiatives. Bartronics has successfully expanded its outreach under the Pradhan Mantri Jan Dhan Yojana (PMJDY), increased sourcing for the Atal Pension Yojana (APY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) accounts. Furthermore, a significant uptick in Re-KYC completions, supported by revised commission structures, has also contributed to the positive results. The company’s strengthened monitoring processes, deeper collaborations with Gram Panchayats, and enhanced coordination with partner banks have ensured that field activities efficiently translate into tangible financial outcomes.
In a testament to its enduring capabilities and proven track record in promoting financial inclusion, Bartronics India has renewed its 15-year association with the Bank of Maharashtra. This renewal secures its empanelment as a Corporate Business Correspondent (CBC) Vendor for an additional five years. Building upon its current operational footprint across 1,800 villages, Bartronics is poised for significant expansion over the next 6 to 9 months. The company plans to increase its banking touchpoints to 3,000 across Maharashtra, Madhya Pradesh, Chhattisgarh, and Karnataka by establishing 1,200 new Customer Service Points (CSPs).
Bartronics is a leading brand specializing in digital banking, financial inclusion, and identity management technologies. With a strategic focus on agritech, automation, and intelligent systems, the company is actively expanding its global footprint while consistently delivering sustainable impact through innovative technology. The brand proudly serves over 1 million customers.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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