Ushakiran Finance Limited held its Board of Directors meeting on Wednesday, 6th November 2026, which commenced at 11:00 AM and concluded at 3:00 PM. The board considered and approved several items of business including the unaudited financial results for the quarter and half year ended 30th September 2026.

Financial Results Overview

The company reported unaudited financial results for Q2 FY27 (quarter ended 30th September 2026) showing significant improvement compared to the same period last year:

Quarter Ended 30th September 2026 (Q2 FY27):

  • Total Income: ₹7.56 lakh (compared to ₹10.75 lakh in Q2 FY26)
  • Profit before tax: ₹2.40 lakh (compared to ₹1.18 lakh in Q2 FY26)
  • Net profit: ₹2.29 lakh (compared to net loss of ₹(4.96) lakh in Q2 FY26)
  • Basic and diluted EPS: ₹0.09 (compared to ₹(0.19) in Q2 FY26)

Half Year Ended 30th September 2026 (H1 FY27):

  • Total Income: ₹27.56 lakh (compared to ₹28.60 lakh in H1 FY26)
  • Profit before tax: ₹12.80 lakh (compared to ₹10.10 lakh in H1 FY26)
  • Net profit: ₹10.76 lakh (compared to ₹2.21 lakh in H1 FY26)
  • Basic and diluted EPS: ₹0.42 (compared to ₹0.09 in H1 FY26)

Income Breakdown (Quarter Ended 30.09.2026)

  • Interest income: ₹5.18 lakh
  • Dividend income: ₹4.72 lakh
  • Net gain on fair value changes: ₹(2.39) lakh
  • Other income: ₹0.05 lakh

Expense Breakdown (Quarter Ended 30.09.2026)

  • Employee benefits expense: ₹3.02 lakh
  • Depreciation and amortization: ₹0.36 lakh
  • Other expenses: ₹1.78 lakh
  • Total expenses: ₹5.16 lakh

Comprehensive Income

Other comprehensive income/(loss) for the quarter ended 30.09.2026 showed significant movement:

  • Items that will not be reclassified to profit or loss: ₹(20.87) lakh
  • Tax on these items: ₹(2.32) lakh
  • Total comprehensive income for the quarter: ₹(16.26) lakh

For the half year ended 30.09.2026:

  • Other comprehensive income: ₹118.46 lakh
  • Total comprehensive income: ₹128.48 lakh

Financial Position (as at 30.09.2026)

Assets:

  • Total Assets: ₹1,467.12 lakh (compared to ₹1,353.77 lakh as at 31.03.2026)
  • Investments: ₹1,339.49 lakh (increased from ₹1,217.42 lakh)
  • Loans: ₹84.53 lakh (increased from ₹83.03 lakh)
  • Cash and cash equivalents: ₹14.70 lakh (increased from ₹8.25 lakh)

Liabilities and Equity:

  • Total Liabilities: ₹3.33 lakh
  • Equity Share Capital: ₹274.71 lakh (unchanged)
  • Other Equity: ₹1,189.08 lakh (increased from ₹1,076.87 lakh)
  • Total Equity: ₹1,463.79 lakh

Cash Flow Statement (Half Year Ended 30.09.2026)

  • Net cash from operating activities: ₹(0.75) lakh
  • Net cash from investing activities: ₹7.20 lakh
  • Net increase in cash: ₹6.45 lakh

Auditor's Review

NSVR & Associates LLP conducted a limited review and issued an unmodified report, stating that nothing came to their attention that causes them to believe the financial results contain any material misstatement.

Capital Structure

  • Paid-up equity share capital: ₹274.71 lakh (face value of ₹10 each)
  • Number of shares: 2,747,100 shares

Business Segment

The company operates in a single primary business segment of "Investments", making Ind AS 108 "Operating Segments" disclosure requirements not applicable.