The Board of Directors of Mathew Easow Research Securities Limited held a meeting on Tuesday, 11th August 2026, which commenced at 12:30 PM IST and concluded at 2:00 PM IST. The Board considered and approved the following matters:

Financial Results Approval

  • Approved the unaudited financial results for the quarter ended 30th June 2026
  • The financial results were reviewed by the Audit Committee and approved by the Board
  • Statutory Auditors M/s. GGPS And Associates carried out a limited review of these results

Annual General Meeting Arrangements

  • Approved the Directors' Report for the financial year ended 31st March 2026
  • Approved notice convening the 32nd Annual General Meeting (AGM) to be held on Wednesday, 30th September 2026 at 12:30 PM through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Fixed 23rd September 2026 as the cut-off date to determine entitlement of voting rights for e-voting
  • E-voting period will commence on 27th September 2026 (9:00 AM) and end on 29th September 2026 (5:00 PM)
  • Company will avail e-voting services of National Securities Depository Limited (NSDL)

Financial Results for Quarter Ended June 30, 2026

Income Statement (₹ in Lakhs)

Revenue from Operations:

  • Interest Income: ₹78.61
  • Dividend Income: ₹0.00
  • Sale of Shares and Securities: ₹0.00
  • Total Income from Operations (net): ₹78.61

Other Income: ₹0.00

Total Income (I + II): ₹78.61

Expenses:

  • Finance Costs: ₹50.06
  • Employee Benefits Expenses: ₹3.30
  • Depreciation, amortization and impairment: ₹0.31
  • Other Expenses: ₹21.82
  • Total Expenses: ₹75.49

Profit/(Loss) before tax: ₹3.12

Tax Expense:

  • Current Tax: ₹0.80
  • Tax adjustments for earlier years: ₹0.00
  • Deferred Tax: ₹0.00

Profit/(Loss) for the period: ₹2.32

Other Comprehensive Income: ₹0.00

Total Comprehensive Income for the period: ₹2.32

Key Metrics

  • Paid-up equity share capital (Face value ₹10): ₹665.00 lakh
  • Other Equity: Not specified for current quarter
  • Earnings Per Share (EPS) of ₹10 each (not annualized):
  • Basic: ₹0.03
  • Diluted: ₹0.03

Comparative Figures (₹ in Lakhs)

Quarter ended 31.03.2026 (Audited):

  • Total Income: ₹57.96
  • Profit before tax: ₹3.29
  • Profit for the period: ₹2.58
  • EPS: ₹0.04 (Basic and Diluted)

Quarter ended 30.06.2025 (Unaudited):

  • Total Income: ₹71.94
  • Profit before tax: ₹3.12
  • Profit for the period: ₹2.32
  • EPS: ₹0.03 (Basic and Diluted)

Year ended 31.03.2026 (Audited):

  • Total Income: ₹284.83
  • Profit before tax: ₹10.88
  • Profit for the period: ₹8.17
  • EPS: ₹0.12 (Basic and Diluted)

Notes to Financial Results

1. The financial results have been prepared in accordance with Indian Accounting Standard (Ind AS) Rules, 2015 prescribed under Section 133 of the Companies Act, 2013 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular dated July 5, 2016

2. The company is primarily engaged in NBFC activities with one business segment - Financing Activities and related products

3. Figures for the last quarter are balancing figures between audited figures for the full financial year and unaudited published year-to-date figures up to the third quarter

4. The financial results are available on the website of the Stock Exchange (www.bseindia.com) and the Company's website (www.mersl.co.in)

5. Previous periods' figures have been regrouped/rearranged wherever necessary

Auditor's Review Report

GGPS And Associates, Chartered Accountants, issued an independent auditor's review report dated August 11, 2026, stating that based on their review conducted in accordance with Standard on Review Engagements (SRE) 2410, nothing has come to their attention that causes them to believe that the accompanying statement:

  • Has not disclosed the information required to be disclosed
  • Contains any material misstatement

The review was conducted to obtain moderate assurance as to whether the statement is free of material misstatement, but is substantially less in scope than an audit.