United Credit Limited held a Board Meeting on November 13, 2026, from 12:00 PM to 1:00 PM IST, where the unaudited financial results for the quarter and half year ended September 30, 2026 were approved. The disclosure is made in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

Quarter Ended September 30, 2026 (Unaudited):

  • Revenue from operations: ₹80.69 lakh
  • Interest income: ₹65.52 lakh
  • Rental income: ₹13.49 lakh
  • Net gain on fair value changes: ₹1.68 lakh
  • Other income: ₹0.34 lakh
  • Total income: ₹81.03 lakh
  • Total expenses: ₹66.77 lakh
  • Finance costs: ₹0.59 lakh
  • Net loss on fair value changes: ₹0.28 lakh
  • Impairment on financial instruments: ₹0.07 lakh
  • Employee benefits expenses: ₹22.08 lakh
  • Depreciation, amortization and impairment: ₹3.67 lakh
  • Other expenses: ₹40.08 lakh
  • Profit before tax: ₹14.26 lakh
  • Tax expense: ₹(0.15) lakh (Current tax: ₹7.00 lakh, Deferred tax: ₹(7.15) lakh)
  • Profit for the period: ₹14.41 lakh
  • Earnings per equity share (face value ₹10 each):
  • Basic: ₹0.027
  • Diluted: ₹0.027

Half Year Ended September 30, 2026 (Unaudited):

  • Revenue from operations: ₹158.55 lakh
  • Other income: ₹5.69 lakh
  • Total income: ₹164.24 lakh
  • Total expenses: ₹121.41 lakh
  • Profit before tax: ₹42.76 lakh
  • Tax expense: ₹9.03 lakh (Current tax: ₹11.25 lakh, Deferred tax: ₹(2.22) lakh)
  • Profit for the period: ₹33.73 lakh
  • Earnings per equity share (face value ₹10 each):
  • Basic: ₹0.063
  • Diluted: ₹0.063

Comparative Performance

Quarter Comparison (Q2 FY27 vs Q2 FY26):

  • Total income decreased from ₹87.20 lakh to ₹81.03 lakh
  • Profit before tax decreased from ₹29.69 lakh to ₹14.26 lakh
  • Net profit decreased from ₹23.09 lakh to ₹14.41 lakh
  • EPS decreased from ₹0.042 to ₹0.027

Half Year Comparison (H1 FY27 vs H1 FY26):

  • Total income decreased from ₹172.31 lakh to ₹164.24 lakh
  • Profit before tax decreased from ₹61.62 lakh to ₹42.76 lakh
  • Net profit decreased from ₹53.10 lakh to ₹33.73 lakh
  • EPS decreased from ₹0.097 to ₹0.063

Financial Position as at September 30, 2026

Assets:

  • Total assets: ₹3,181.76 lakh (vs ₹3,156.00 lakh as at March 31, 2026)
  • Financial assets: ₹2,315.68 lakh
  • Cash and cash equivalents: ₹35.65 lakh
  • Bank balance other than cash: ₹1.14 lakh
  • Trade receivables: ₹4.05 lakh
  • Loans: ₹2,089.13 lakh
  • Investments: ₹16.79 lakh
  • Other financial assets: ₹172.92 lakh
  • Non-financial assets: ₹866.08 lakh
  • Current tax assets (net): ₹9.33 lakh
  • Deferred tax assets (net): ₹53.26 lakh
  • Property, plant and equipment: ₹36.79 lakh
  • Other non-financial assets: ₹762.70 lakh

Liabilities and Equity:

  • Financial liabilities: ₹32.75 lakh
  • Other payables: ₹8.73 lakh
  • Borrowings (other than debt securities): ₹22.36 lakh
  • Other financial liabilities: ₹20.02 lakh
  • Non-financial liabilities: ₹11.29 lakh
  • Provisions: ₹10.54 lakh
  • Other non-financial liabilities: ₹0.75 lakh
  • Equity: ₹3,137.72 lakh
  • Equity share capital: ₹549.30 lakh
  • Other equity: ₹2,588.42 lakh

Segment Reporting

Financing Activity Segment:

  • Q2 FY27 revenue: ₹65.52 lakh
  • H1 FY27 revenue: ₹128.79 lakh
  • Segment profit before interest & tax: ₹64.18 lakh for Q2 FY27
  • Segment assets: ₹2,154.66 lakh as at September 30, 2026

Renting Activity Segment:

  • Q2 FY27 revenue: ₹13.49 lakh
  • H1 FY27 revenue: ₹26.44 lakh
  • Segment loss before interest & tax: ₹(14.09) lakh for Q2 FY27
  • Segment assets: ₹893.67 lakh as at September 30, 2026

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Cash flows from operating activities: ₹(15.89) lakh
  • Cash flows from investing activities: ₹1.51 lakh
  • Cash flows from financing activities: ₹(6.79) lakh
  • Net decrease in cash and cash equivalents: ₹(21.17) lakh
  • Cash and cash equivalents at end of period: ₹35.65 lakh

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • The results were reviewed by statutory auditors L.B. Jha & Co. LLP
  • The information is available on the company's website www.unitedcreditltd.com and stock exchange websites
  • Figures for previous periods have been rearranged/regrouped for comparability