BSEBFL Asset Finvest LtdMediumNeutral
Announced Tue, 29 Jul · 16:54 IST

The Board of Directors in their meeting held today approve the un-audited financial results for the quarter ended on June 30, 2025 and took on record Limited Review Report.

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AI summary

BFL Asset Finvest's Board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with the Limited Review Report from statutory auditors Khilnani & Associates. Total income stood at Rs. 962.43 lakhs versus Rs. 926.56 lakhs in Q1 FY25, a modest rise of about 4%. Profit before tax came in at Rs. 659.48 lakhs (vs Rs. 566.47 lakhs in Q1 FY25), translating to basic EPS of Rs. 6.46 (vs Rs. 5.55). The company also approved the re-appointment of Mr. Mahendra Kumar Baid as Managing Director for three years from July 28, 2026, and appointed M/s. ABSM & Associates as new statutory auditors for five years from the upcoming AGM, replacing the retiring Khilnani & Associates. The 30th AGM is scheduled for September 9, 2025, via video conference.

Likely market impact

Q1 results show steady top-line and improving bottom-line, suggesting stable operations in the company's share/securities and F&O trading business. The leadership continuity and auditor rotation are routine governance matters and should not materially affect shareholders.