Financial Results for Q1 FY27 (Quarter Ended 30.06.2026)

The company reported a net loss of ₹12.35 lakh for the quarter, a significant decline from a net profit of ₹76.64 lakh in the previous quarter (Q4 FY26 ended 31.03.2026) and a net loss of ₹3.73 lakh in the year-ago quarter (Q1 FY26 ended 30.06.2025).

Key Financial Figures (₹ in Lakh):

  • Total Revenue from Operations: ₹16.01 (vs. ₹58.01 in previous quarter)
  • Interest Income: ₹16.01
  • Total Expenses: ₹28.41 (vs. negative ₹19.96 in previous quarter)
  • Finance Costs: ₹6.11
  • Impairment on financial instruments: ₹13.15 (vs. a negative impairment of ₹41.42 in the previous quarter)
  • Other Expenses/Administration Expenses: ₹2.33
  • Profit/(Loss) Before Tax: ₹(12.40)
  • Tax Expense: ₹(0.05) (Deferred tax credit)
  • Net Profit/(Loss) for the period: ₹(12.35)
  • Earnings Per Share (Basic & Diluted): ₹(0.24)
  • Paid-up Equity Share Capital: ₹525.00 (Face Value: ₹10.00)

Corporate Governance and Board Changes

1. Completion of Director Tenure: Mr. Inderjeet Singh Jassal completed his second tenure as a Non-Executive Independent Director with effect from the closure of working hours on 12 August 2026.

2. Appointment of New Director: Mr. Akshit Dua was appointed as an Additional Director in the category of Non-Executive Independent Director with effect from 13 August 2026. His brief profile states he is a B.Com graduate from Panjab University with over 10 years of experience in business administration. He is not related to any other director and is not debarred from holding office.

3. Change of Secretarial Auditor: The Board approved the resignation of M/s. Jatin Singal & Associates as the company's Secretarial Auditor and appointed M/s. B.K. Gupta & Associates in their place, effective 13 August 2026. The reason cited for the change was "other pre-occupation by the erstwhile Secretarial Auditor". M/s. B.K. Gupta & Associates is described as a firm with over 25 years of experience in corporate compliance, led by CS Bhupesh Gupta.

Regulatory and Procedural Details

  • The financial results are un-audited and were reviewed by the statutory auditors, M/s. Rajiv Rajinder & Co., Chartered Accountants, who issued an unmodified limited review report.
  • The results were prepared in accordance with Ind AS 34 and applicable RBI guidelines for NBFCs.
  • The Board meeting commenced at 4:00 PM and concluded at 5:30 PM on 13 August 2026.
  • The disclosure is made under Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015.