Outcome of Board Meeting for Quarter ended December 31, 2025
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Escorp Asset Management's board approved unaudited financial results for Q3 and 9M FY26 (ended December 31, 2025) along with the limited review report. The company reported quarterly revenue from operations of about Rs. 105 lakh and a profit after tax of Rs. 106 lakh, sharply lower than Rs. 1,064 lakh and Rs. 919 lakh respectively in Q3 FY25. This is the company's first quarterly disclosure after migrating from BSE's SME platform to the Main Board during the current financial year. The board also approved incorporating a wholly-owned subsidiary in Mauritius to carry out investment management business, with cash investment of up to Rs. 1.5 crore. The statutory auditor V.N. Purohit & Co. issued an unmodified limited review report with no qualifications.
Mixed for shareholders — while the subsidiary expansion signals international growth plans, the sharp year-on-year drop in revenue and profit for Q3 FY26 raises concerns about core business momentum. Investors should watch the full-year numbers and clarifications on the revenue dip before drawing conclusions.