Outcome of Board Meeting
Price
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Glance Finance Ltd's board approved unaudited financial results for Q3 FY26 and the nine months ended December 31, 2025. Total income for the quarter stood at Rs 449.68 lakh, down from Rs 593.11 lakh in Q3 FY25, while net profit after tax rose to Rs 75.21 lakh from Rs 40.75 lakh. For the nine-month period, total income fell sharply to Rs 1,726.18 lakh from Rs 2,294.29 lakh a year earlier, and profit after tax declined to Rs 101.95 lakh from Rs 230.28 lakh. The company reports across two segments — Lending & Investment and Non-Strategic Business — with the Strategic Business Division not yet classified as reportable this quarter. The statutory auditor issued a qualified limited review report.
The auditor's qualified opinion — flagging that gratuity and leave encashment provisions were not based on actuarial valuation as required by Ind AS 19, with the profit impact unascertainable — is a governance concern for shareholders. A roughly 25% drop in nine-month revenue and a 56% fall in nine-month profit point to weakening business performance, even as Q3 PAT showed a sharp year-on-year rebound.