The Board of Directors of the Company at their Meeting held today i.e. Tuesday, August 12, 2025, which commenced at 12:00 Noon (IST) and concluded at 12:30 P.M. (IST), has inter-alia considered ....
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The Board of Bervin Investment & Leasing Ltd approved its unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). The company reported a sharp swing from profit to loss, posting a loss after tax of Rs. 1,729.24 lacs versus a profit of Rs. 173.57 lacs in the same quarter last year. The loss was almost entirely driven by a Rs. 1,726.04 lacs loss on investments and F&O (futures & options) transactions. Total income collapsed to Rs. 18.72 lacs from Rs. 229.92 lacs in Q1 FY25, with no revenue from operations. Earnings per share swung from Rs. 2.94 profit to Rs. 29.32 loss. The company's paid-up equity capital stands at Rs. 589.81 lacs, meaning this single-quarter loss is roughly three times its equity base.
This is a serious negative event for shareholders. A single-quarter speculative trading loss has wiped out nearly three years' worth of equity capital, raising concerns about the company's investment risk controls and capital adequacy. The stock is likely to see significant downward pressure, and investors should expect heightened scrutiny over the company's F&O exposure going forward.