Unaudited Standalone and Consolidated Financial results for the Quarter ended 30th June , 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Credent Global Finance reported standalone revenue from operations of Rs. 221.13 lakhs in Q1 FY26, up 9.7% from Rs. 201.53 lakhs in Q1 FY25. However, standalone net profit after tax fell to Rs. 55.91 lakhs from Rs. 86.57 lakhs, a drop of about 35%, mainly due to a sharp rise in employee benefit expenses (Rs. 85.69 lakhs vs Rs. 32.83 lakhs) and a swing in impairment of financial instruments to Rs. 33.87 lakhs. On a consolidated basis, total revenue from operations declined nearly 48% YoY to Rs. 254.96 lakhs, but the company swung to a net profit of Rs. 28.92 lakhs versus a loss of Rs. 961.95 lakhs a year ago, helped by much lower other expenses. Standalone EPS stood at Rs. 0.11 and consolidated EPS at Rs. 0.06. The board also approved the FY25 Director's Report, AGM notice, and appointed M/s Sumit Bajaj & Associates as Secretarial Auditor for five years.
Standalone profitability weakened despite modest revenue growth, with margins compressed by higher staff costs and impairment provisions, which may concern shareholders. The consolidated return to profit is encouraging but comes on a sharply lower revenue base, so investors should watch whether the topline stabilises in coming quarters.