Financial Results for Quarter Ended June 30, 2026
Standalone Unaudited Financial Results (₹ in Lakhs):
Income Statement:
- Revenue From Operations: 12.01 (Q1 FY27) vs 25.25 (Q1 FY26)
- Other Income: 0.43 (Q1 FY27) vs 0.00 (Q1 FY26)
- Net Gain on Fair Value Changes: 21.98 (Q1 FY27) vs 0.00 (Q1 FY26)
- Total Revenue: 34.42 (Q1 FY27) vs 25.25 (Q1 FY26)
Expenses:
- Employee Benefits Expense: 0.78 (Q1 FY27) vs 0.75 (Q1 FY26)
- Depreciation: 0.01 (Q1 FY27) vs 0.00 (Q1 FY26)
- Other Expenses: 4.39 (Q1 FY27) vs 3.93 (Q1 FY26)
- Total Expenses: 5.18 (Q1 FY27) vs 16.36 (Q1 FY26)
Profitability:
- Profit Before Tax: 29.24 (Q1 FY27) vs 8.90 (Q1 FY26)
- Tax Expense: 7.36 (Deferred Tax) (Q1 FY27) vs 0.00 (Q1 FY26)
- Profit After Tax: 21.88 (Q1 FY27) vs 8.90 (Q1 FY26)
Comparative Figures:
- Previous Quarter (Q4 FY26 Audited): PAT of 24.50
- Previous Year (FY26 Audited): PAT of 48.19
- Year Ago Quarter (Q1 FY26): PAT of 8.90
Segment-wise Performance (₹ in Lakhs)
Revenue by Segment (Q1 FY27):
- Financing Activities: 4.51
- Consulting Activities: 7.50
- Trading in Gold Activities: 0.00
- Trading in Securities: 0.00
- Total Revenue: 12.01
Segment Results (Profit before tax and interest):
- Financing Activities: 4.51
- Consulting Activities: 7.50
- Trading in Securities: 21.08
- Total Segment Results: 33.99
Corporate Governance Update
Appointment of Director:
- Mrs. Purvi Samir Patel (DIN: 03292142) appointed as Additional Director in category of Non-Executive Independent Director effective July 23, 2026
- Term of appointment: 1 year, subject to shareholder approval
- Not related to any existing director of the Company
- Satisfies independence criteria under Companies Act, 2013 and SEBI LODR Regulations
- Not debarred from holding director office by SEBI or any other authority
- Profile: Has rich experience in corporate advisory and business management with various companies and LLPs in leadership roles
Strategic Decision
NBFC License Surrender:
- Board approved making application to Reserve Bank of India for surrender of company's NBFC license
- Requisite supporting documents to be submitted
Regulatory Matter
SEBI Penalty:
- Penalty of ₹18,49,541.79 imposed by SEBI vide order dated February 1, 2024
- Amount of ₹18,49,552 has been deposited and reflected as Current Asset in financials
- Matter pending before Securities Appellate Tribunal (SAT)
- Next hearing scheduled on August 5, 2026
Audit & Compliance
- Financial results reviewed by Bilimoria Mehta & Co., Chartered Accountants (FRN: 101490W)
- Limited Review Report issued in accordance with Regulation 33 of SEBI LODR Regulations
- Results prepared in accordance with Ind AS 34 and Companies Act, 2013
- Extracts to be published in newspaper in compliance with Regulation 47
Meeting Details
- Board meeting held on July 23, 2026
- Commenced at 05:30 PM, concluded at 06:20 PM
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