Outcome of the meeting of the Board of Directors held on 5th August, 2025, and Intimation under Regulation 30 of SEBI LODR 2015
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Easy Fincorp Ltd announced its unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total income rose modestly to Rs. 2.37 lakh from Rs. 2.11 lakh in Q1 FY25, but total expenses climbed to Rs. 7.55 lakh from Rs. 6.81 lakh. The company reported a net loss of Rs. 4.19 lakh for the quarter, wider than the Rs. 3.79 lakh loss in the year-ago period. Loss per share stood at Rs. 1.71 versus Rs. 1.55 previously. The statutory auditor Ray & Ray issued an unmodified limited review report with no qualifications. Separately, Non-Executive Director Ms. Jostna Shrestha resigned citing personal reasons, and Ms. Bhawna Agarwal was appointed as a Non-Executive Additional Director, subject to shareholder approval.
The company continues to post losses with expenses significantly exceeding its modest income, indicating ongoing operational weakness. Shareholders should note the persistent unprofitability, though the director changes appear routine and governance-neutral.