Financial Result for the quarter and half year ended 30.09.2025
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Glance Finance Ltd reported a sharp slowdown in Q2 FY26, with total income falling to ₹948.34 lakhs from ₹1,349.11 lakhs in Q2 FY25, a drop of nearly 30%. Net profit after tax collapsed to just ₹6.93 lakhs (vs ₹98.13 lakhs YoY), translating to a basic EPS of ₹0.31 vs ₹4.35. For the half year, total income stood at ₹1,276.50 lakhs (down ~25%) and PAT was ₹26.74 lakhs (vs ₹189.54 lakhs). The company continues to operate as an RBI-registered NBFC; borrowings declined to ₹178 lakhs and operating cash flow remained positive at ₹371 lakhs. The statutory auditor (JMT & Associates) issued a qualified review report, flagging that gratuity and leave encashment provisions were not based on actuarial valuation as required under Ind AS 19.
Weak quarterly performance with sharply lower profits and revenue contraction is a negative signal for shareholders in the near term, though the balance sheet remains debt-light. The qualified audit opinion on employee benefit provisioning may warrant some caution.