Mumbai, October 26, 2026: GlobalPay has reported a 29% year-on-year increase in revenue from operations to Rs 67.81 crore for the first half of FY27, with second quarter revenue rising 30% year-on-year to Rs 44.58 crore. Profit before tax for Q2 FY27 reached Rs 5.33 crore, up from Rs 0.58 crore in the previous quarter, the company said.
The financial results reflect continued growth in GlobalPay’s operations during the first half of the fiscal year, with significant improvement in quarterly profitability.
Expanded RBI authorisation
GlobalPay also announced it has received expanded Authorised Dealer Category II (AD-II) authorisation from the Reserve Bank of India. This approval allows the company to conduct both trade and non-trade foreign exchange transactions and to appoint Forex Correspondents, in line with applicable RBI guidelines.
Focus on distribution and digital initiatives
The company said it is strengthening its distribution network and cross-border payment capabilities through its Forex Card Distribution platform, new partnerships, and digital initiatives.
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