Board meeting outcome for approval of financial results of GSB Finance Limited ("Company") for the Quarter Ended December 31, 2025
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The board of GSB Finance Ltd, at its meeting on January 28, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with a limited review report from Suvarna & Katdare Chartered Accountants, which carried an unmodified (clean) conclusion. Revenue from operations for Q3 FY26 stood at Rs 13.28 lakh, a sharp drop of roughly 85% from Rs 91.51 lakh in the year-ago quarter (Q3 FY25). Profit after tax for Q3 FY26 came in at Rs 1.84 lakh (EPS Rs 0.31), compared to a small loss of Rs 0.23 lakh in Q3 FY25, while the previous quarter (Q2 FY26) had shown a sizeable loss of Rs 29.69 lakh. For the nine months ended December 2025, total revenue was Rs 150.70 lakh with a profit after tax of Rs 82.37 lakh (EPS Rs 1.37), against Rs 71.65 lakh for the full FY25.
The steep quarter-on-quarter revenue decline is a red flag for investors, but PAT turning positive in Q3 FY26 and strong 9M profits suggest the company remains profitable overall, though volatility between quarters is high.