Audited Financial Results for quarter and year ended 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Glance Finance Ltd reported a significant decline in financial performance for FY2026. Total income fell to ₹2,585.36 Lakhs from ₹3,170.37 Lakhs in FY2025, representing an 18.5% revenue decline. Net Profit After Tax dropped to ₹492.42 Lakhs from ₹837.96 Lakhs, a decline of about 41%. The company is an NBFC with two segments: Lending & Investment Division and Non Strategic Business Division. The auditor issued an unmodified opinion. Notably, the company identified and corrected prior period errors in classification and measurement of certain investments, resulting in restatement of earlier financial results. The Q4 FY26 showed a net loss of ₹383.70 Lakhs, worse than Q4 FY25 loss of ₹143.46 Lakhs.
The substantial decline in both revenue and profitability is negative for shareholders. The restatement of prior results due to accounting errors also raises concerns about financial reporting quality. Borrowings reduced significantly from ₹365.75 Lakhs to ₹93.33 Lakhs, showing debt reduction.