Financial Results for Quarter Ended June 30, 2026

The company reported unaudited standalone financial results for Q1 FY27:

Revenue & Income:

  • Interest Income: ₹427.35 lakh (compared to ₹530.50 lakh in previous quarter and ₹470.93 lakh in year-ago quarter)
  • Total Revenue from Operations: ₹427.35 lakh
  • Total Income: ₹427.35 lakh

Expenses:

  • Finance Costs: ₹74.82 lakh (increased from ₹56.99 lakh YoY)
  • Statutory Provision on Loan Assets: ₹4.75 lakh
  • Employee Benefit Expenses: ₹6.49 lakh
  • Depreciation and amortisation expenses: ₹0.25 lakh
  • Other Expenses: ₹6.69 lakh
  • Total Expenses: ₹93.00 lakh

Profitability:

  • Profit before tax: ₹334.36 lakh (compared to ₹287.42 lakh previous quarter and ₹399.15 lakh year-ago quarter)
  • Tax Expense (Current Year): ₹84.16 lakh
  • Net Profit for the period: ₹250.20 lakh (down from ₹298.68 lakh year-ago quarter, representing a 16.2% decline)
  • Earnings per equity share (Face value of ₹10 each):
  • Basic: ₹1.61
  • Diluted: ₹1.61

Auditor Appointments

Internal Auditor:

  • Appointed M/s. SSP JAIN & ASSOCIATES LLP, Chartered Accountants as Internal Auditors for the financial year 2026-2027
  • Date of appointment: August 12, 2026
  • Brief Profile: Engaged in providing services in Internal Audit, GST, Taxation and related services

Statutory Auditor:

  • Recommended reappointment of M/s. VENKAT & RANGAA LLP, Chartered Accountants (FRN: 004597S) as Statutory Auditors
  • Proposed term: Five years from conclusion of 41st Annual General Meeting until conclusion of 46th Annual General Meeting
  • Brief Profile: Limited Liability Partnership with 9 partners, experience in Taxation, Audit and Consultancy, holds Peer Review Certificate
  • Subject to shareholder approval

Corporate Governance

  • Annual General Meeting scheduled for September 25, 2026, to be conducted through Video Conferencing/Audio-Visual Means
  • Board meeting duration: Commenced at 5:00 PM and concluded at 6:30 PM on August 12, 2026
  • Financial results reviewed by Audit Committee and approved by Board of Directors
  • Results subjected to limited review by Statutory Auditors

Additional Information

  • Company deals only with Financing Activities (Ind AS-108 not applicable)
  • Figures regrouped/rearranged for comparability with current year
  • Results available on BSE website (www.bseindia.com)
  • Company CIN: L65191TN1985PLC011503