Financial Result for the Quarter and Half Year ended as on 30th September 2025
Awaiting price reaction for this filing.
Geetanjali Credit and Capital Ltd, a small NBFC, reported essentially no revenue from operations for Q2 FY26, with total revenue of just Rs. 0.05 lacs for H1 FY26. The company posted a net loss of Rs. 2.72 lacs in H1 FY26, wider than the Rs. 0.48 lacs loss in H1 FY25, as expenses rose to Rs. 2.72 lacs. The auditor's limited review report contains an Emphasis of Matter flagging serious concerns: Rs. 256.27 lacs in long-outstanding loans and advances with no balance confirmations and non-compliance with RBI NPA provisioning norms, Rs. 65 lacs in investments that could not be verified, and an outstanding income tax demand of Rs. 529.75 lakhs. The auditor also noted the company has not paid annual listing fees, putting it in violation of SEBI and exchange regulations. Accumulated losses stood at Rs. 135.24 lacs against share capital of Rs. 441.92 lacs.
This is a micro-cap, near-dormant NBFC with widening losses, negative reserves, and multiple red flags from the auditor including potentially unrecoverable loans, unverifiable assets, a large tax demand, and regulatory non-compliance — posing significant risk to shareholders.