Financial Result for 30th June 2025
Awaiting price reaction for this filing.
Geetanjali Credit and Capital Ltd, an NBFC, reported zero revenue from operations and zero other income for Q1 FY26 (quarter ended June 30, 2025). The company posted a net loss of Rs 0.50 lakh against total expenses of Rs 0.50 lakh, resulting in a loss per share of Rs 0.01. The auditor's limited review included an Emphasis of Matter flagging serious concerns: Rs 256.27 lakhs in loans and advances with no balance confirmations from borrowers, non-compliance with RBI NPA provisioning norms, inability to verify investments, undisclosed legal proceedings, and the company being in violation of SEBI regulations for non-payment of annual listing fees. Reserves are negative at Rs (132.72) lakhs as of March 31, 2025.
Negative for shareholders — zero revenue, continued losses, negative reserves, and multiple regulatory compliance issues signal significant financial distress and raise serious doubts about the company's viability as a going concern. The stock is likely to remain under pressure.