Financial Results for the year ended 31.03.2025
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Glance Finance Ltd reported FY25 total income of ₹2,584.59 lakhs, up from ₹2,315.52 lakhs in FY24, an increase of about 12%. Net profit after tax grew roughly 19% to ₹231.53 lakhs from ₹194.08 lakhs, and basic EPS improved to ₹10.26 from ₹8.60. Total assets rose to ₹5,321.22 lakhs while borrowings came down sharply to ₹365.75 lakhs from ₹680.70 lakhs, signalling deleveraging. Total equity strengthened to ₹4,471.17 lakhs. Statutory auditors M/s. JMT & Associates issued an unmodified (clean) opinion on the results. Alongside the results, the board approved the re-appointment of Mr. Narendra Laxman Arora as Whole-time Director for 3 years from July 1, 2025, appointed M/s. M. R. Sharma & Co. as Internal Auditor for FY25-26, and appointed Mr. Shiv Hari Jalan as Secretarial Auditor for 5 years through March 2030.
Steady profit growth, higher EPS, and a sharp reduction in borrowings point to a financially strengthening small NBFC, which is mildly positive for shareholders. The board-level re-appointments and new auditor engagements are routine governance items and unlikely to move the stock on their own.