Un audited financial results for the quarter and half year ended 30th Sep 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dharani Finance, a Chennai-based NBFC, reported its Q2 FY26 results with total income of Rs. 35.99 lakhs and profit before tax of Rs. 23.04 lakhs. For the half-year ended September 2025, PAT came in at Rs. 26.43 lakhs, a sharp drop of about 37% from Rs. 41.86 lakhs in H1 FY25. The auditor issued a qualified opinion, flagging that an Inter-Corporate Deposit of Rs. 200 lakhs given to Aryov Exports in 2017 remains unrecovered with no interest received and no provision made. The auditor further warned that if a provision were created, the company's net owned funds would fall below the minimum threshold required by RBI for NBFCs under Section 45-IA, raising serious going concern doubts. The company's ability to continue as a going concern now depends on fresh capital infusion or alternative business plans within RBI's prescribed timeline.
This is a major red flag for shareholders — the going concern qualification and unresolved Rs. 200 lakh stressed ICD signal serious financial health concerns and potential RBI compliance issues. Expect negative market reaction and heightened scrutiny of the stock.