Announced Tue, 10 Feb · 14:11 IST

Revised outcome Additional Details Required for Corporate Announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Kmp ResignedManagement Changes View source PDF

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Awaiting price reaction for this filing.

AI summary

The board of Kumbhat Financial Services Limited, a small Chennai-based NBFC focused on retail loans, approved unaudited financial results for the quarter ended December 31, 2025. The company reported a loss after tax of ₹51.64 lakhs in Q3 FY26, reversing a profit of ₹7.66 lakhs in the previous quarter (Q2 FY26). Total revenue from operations stood at ₹192.28 lakhs for the quarter against total expenses of ₹243.62 lakhs, pushing the company into the red. For the nine months ended December 2025, cumulative loss after tax was ₹32.26 lakhs. Statutory auditors Joseph & Rajaram issued an unmodified limited review report, meaning no concerns were flagged. Additionally, the board accepted the resignation of the existing Company Secretary (ICSI M.No. A10176), effective end of business on February 28, 2026, and appointed Mr. Bharath Selva Ganesh P (ICSI M.No. A78578) as the new Company Secretary and Compliance Officer from March 1, 2026.

Likely market impact

The sequential swing back into losses in Q3 may concern shareholders, though the nine-month loss is modest in absolute terms. The Company Secretary change appears to be a routine KMP transition with no governance red flags, as the statutory auditor's review remains clean and the Managing Director (Sanjay Kumbhat) continues unchanged.