Approval of Unaudited financial results for the quarter ended June 30, 2025.
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Bervin Investment & Leasing reported a loss of ₹1,729.24 lakhs in Q1 FY26, sharply reversing the profit of ₹173.57 lakhs in the same quarter last year. Revenue from operations remained nil, while other income collapsed to ₹18.72 lakhs from ₹229.92 lakhs a year earlier. The swing into loss was driven by a massive ₹1,726.04 lakhs loss on investments/F&O, alongside finance costs of ₹14.15 lakhs and employee expenses of ₹4.44 lakhs. Basic and diluted EPS for the quarter turned negative at (₹29.32), compared to ₹2.94 in Q1 FY25. The statutory auditor (Kumar Amboj & Associates) issued an unmodified limited review report on the results.
The sharp swing to a large loss and a deeply negative EPS (₹29.32) is a significant negative for shareholders, mainly driven by investment/F&O mark-to-market losses. This is a small, investment-and-leasing-focused company with weak core revenue, so the results may heighten concerns about earnings stability and could pressure the stock price in the near term.