Quarterly loss as review flags old loans, investments and tax demand
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Minute windows have no benchmark: there is no intraday index history to compare against.
Geetanjali Credit and Capital reported a net loss of Rs 9.12 lakh for the September 2026 quarter and Rs 5.72 lakh for the six months. The reviewer flagged Rs 295.07 lakh of old loans without borrower confirmations, interest income booked despite central bank rules for problem loans and missing provisions, and a Rs 529.75 lakh tax demand. It could not verify investments. Cash from operations was negative for the half year.
The loss, negative cash from operations and loan recovery doubts raise downside risk. The Rs 529.75 lakh tax demand could further strain cash flows.