Appointment of M/s. TLB & Co., Chartered Accountants as the Statutory Auditors of the Company due to merger of M/s. V.P. Thacker & Co., Chartered Accountants and M/s. Lodha & Bhatt, Chartered ....
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KJMC Financial Services, an NBFC, announced its unaudited Q3 FY26 results alongside key management changes. Standalone profit after tax for Q3 FY26 came in at Rs. 15.66 lakh, down sharply from Rs. 56.34 lakh in the previous quarter, though 9-month FY26 PAT stood at Rs. 179.83 lakh versus Rs. 122.10 lakh a year earlier. However, a large Rs. 917.45 lakh loss in Q3 (Rs. 2,487.78 lakh for 9 months) from revaluation of equity instruments pulled total comprehensive income deep into the red at Rs. (2,307.95) lakh for 9 months on a standalone basis. Company Secretary and Compliance Officer Khushbu Bohra resigned for personal reasons effective Feb 13, 2026, and Omkar Bamne was appointed in her place from Feb 16. Statutory auditor V.P. Thacker & Co. merged with Lodha & Bhatt, creating a casual vacancy that TLB & Co. will fill until the next EGM.
The core operating business remains profitable on a nine-month basis, but the mark-to-market hit on equity investments is significant and will weigh on book value perception. Investors should note the KMP transition at the compliance level is routine and the auditor change is purely a consequence of a firm merger rather than any governance concern.