Enclosed herewith is the Outcome of Board Meeting along unauidted standalone and Consolidated financial results for the quarter and nine months ended 31.12.2025
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Awaiting price reaction for this filing.
Credent Global Finance Limited reported a sharp jump in Q3 FY26 standalone profit after tax of Rs. 1,802.12 lakhs, up from Rs. 46.53 lakhs in Q3 FY25, while standalone total income for the quarter rose to Rs. 2,580.95 lakhs from Rs. 286.75 lakhs a year ago. For the nine months ended 31 December 2025, standalone PAT surged to Rs. 2,625.50 lakhs versus Rs. 214.81 lakhs in the same period last year, and total income rose to Rs. 4,037.45 lakhs from Rs. 720.73 lakhs. On a consolidated basis, the company swung from a loss of Rs. 1,004.48 lakhs in 9M FY25 to a profit of Rs. 2,500.10 lakhs in 9M FY26. The big jump is largely driven by a one-time recovery of Rs. 3,376 lakhs in 9M FY26 (Rs. 2,383.20 lakhs in Q3) from financial assets acquired under an assignment agreement, which is included in other operating income. Essel Finance Advisors and Managers LLP was reclassified as a step-down subsidiary effective 21 November 2025. The statutory auditor issued an unqualified limited review report with no qualifications.
Reported earnings look spectacular on the surface, but retail investors should note that the bulk of the profit comes from a one-time assignment-asset recovery rather than recurring business, so the headline numbers may not be sustainable. The stock may see a short-term positive reaction, but underlying interest income actually declined (Rs. 557.04 lakhs in 9M FY26 vs Rs. 622.29 lakhs in 9M FY25), warranting a closer look at recurring earnings power.