Crest Ventures Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Crest Ventures, an NBFC, reported Q1 FY26 standalone revenue from operations of Rs 4,906.80 lakhs, down from Rs 6,515.73 lakhs in Q1 FY25, mainly because Q1 FY25 had unusually high net gains on fair value changes of Rs 4,514.52 lakhs versus just Rs 72.38 lakhs this quarter. Standalone profit after tax fell to Rs 2,210.30 lakhs (EPS Rs 7.84) from Rs 4,544.76 lakhs (EPS Rs 16.12). On a consolidated basis, total revenue slipped to Rs 6,310.83 lakhs from Rs 7,736.01 lakhs, and PAT (after share of associates) came in at Rs 2,595.26 lakhs versus Rs 4,983.45 lakhs, again distorted by lower market-related gains. The Real Estate segment, however, showed strong growth with revenue of Rs 3,359.64 lakhs versus Rs 749.18 lakhs a year ago. The company received a Rs 2,800 lakhs deposit refund plus Rs 1,423.05 lakhs of accrued interest, and acquired Sutlej Housing as a wholly owned subsidiary. Capital adequacy remains healthy at 78.62% (standalone) and debt-equity ratio is a low 0.13.
Headline earnings fell sharply year-on-year, but the drop is largely due to the absence of last year's one-time fair-value gains rather than weakness in core operations. The Real Estate and Broking segments are doing well, balance sheet is strong with low leverage and high capital adequacy, and the company continues to expand via acquisitions. For shareholders, this is a routine quarterly update with no negative audit flags, though the stock may see short-term pressure on weak YoY comparisons.