Please find enclosed herewith the announcement regarding the reappointment of the CFO of the company Mr. Sandeep Kumar Jhunjhunwala, w.e.f. 17th March 2026
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Easy Fincorp Ltd's board, at its meeting on 10 February 2026, approved the unaudited financial results for the quarter and nine months ended 31 December 2025. The company reported a total income of Rs. 239 lakhs in Q3 FY26, marginally lower than Rs. 240 lakhs in the previous quarter, with a net loss of Rs. 4.06 lakhs (Q2 FY26 loss: Rs. 3.77 lakhs). For the nine months ended December 2025, total income stood at Rs. 716 lakhs and net loss at Rs. 12.02 lakhs, while a Rs. 174.53 lakh fall in fair value of equity investments pushed total comprehensive loss to Rs. 186.55 lakhs. The board also approved the re-appointment of Mr. Sandeep Kumar Jhunjhunwala as Chief Financial Officer for one year effective 17 March 2026, on existing terms, on the recommendation of the Nomination and Remuneration Committee. The statutory auditor Ray & Ray issued an unmodified limited review report on the results.
Continued quarterly losses, thin income base, and mark-to-market losses on equity investments highlight persistent financial weakness, while CFO continuity suggests stability in finance leadership. For shareholders, the weak operating performance and the small equity base (paid-up capital of Rs. 24.50 lakhs) make this a high-risk, low-liquidity stock with limited near-term catalysts.