Approval of Un-Audited Financial Results (Standalone and Consolidated) along with limited review report for the quarter and three months ending 30th June, 2025
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Banas Finance Ltd submitted its unaudited standalone and consolidated financial results for Q1FY26, approved by the Board on 7 August 2025. Total income surged to Rs 19.63 crore from Rs 6.13 crore in Q1FY25 (over 3x growth), driven mainly by sale of shares & securities (Rs 8.14 crore) and net gains on fair value changes in investments (Rs 8.86 crore). The company swung from a standalone net loss of Rs 7.25 crore in Q1FY25 to a net profit of Rs 9.55 crore in Q1FY26, with EPS of Rs 1.07 vs a negative Rs 0.81 earlier. On a consolidated basis, profit after including its 48.84% associate Tilak Ventures Limited came in at Rs 10.63 crore (EPS Rs 1.19). The auditor (AK Kocchar & Associates) issued an unmodified limited review report with no qualifications or emphasis of matter. No defaults were reported on loans or debt securities.
Sharp swing to profitability is positive for shareholders, but a large portion of the profit came from fair value gains and trading activity rather than the core finance/lending business, which remains small (interest income only Rs 0.99 crore). Investors should watch whether these gains are sustainable in coming quarters.