Bell Financial Group (ASX:BFG) reported unaudited net profit after tax (NPAT) of AU$16.3 million for the four months to April 30, up 197% year-on-year, with revenue rising 37% to AU$109.6 million, according to a Thursday filing with the Australian bourse.

Performance was driven by strong markets trading and deal activity, and continued platform growth, with a notable improvement as trading conditions recovered in the second half of 2025 after a weak first half, per the filing.

Unaudited market revenue for the first four months was AU$73.5 million, up 62% on the prior corresponding period, with NPAT of AU$7.4 million, up 423%, while platform revenue was AU$33.2 million, up 9%, with NPAT of AU$8.9 million, up 15% over the same period, the filing added.

The company's shares rose 6% in recent Thursday trade.