With reference to the above, we would like to inform you that the Board of Directors of the company has considered and approved the following matters:- 1. Considered, approved and taken ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Galada Finance Ltd reported strong financial performance for FY2026 ended March 31. Total revenue from operations grew 57% to Rs 259.61 Lakhs from Rs 165.40 Lakhs in the previous year. Profit after tax surged 185% to Rs 44.22 Lakhs from Rs 15.51 Lakhs. EPS improved to Rs 1.47 from Rs 0.83. Finance costs increased significantly to Rs 145.94 Lakhs from Rs 55.21 Lakhs, reflecting higher borrowing levels. The company received an unmodified (clean) audit opinion from Chandarana & Sanklecha, indicating no qualifications or concerns. The board meeting lasted about 49 minutes.
The stock should see positive sentiment given the strong revenue and PAT growth, along with a clean audit opinion. However, the substantial increase in finance costs and borrowings (from Rs 243 Lakhs to Rs 962 Lakhs) warrants monitoring for leverage risk.