1.Approved the Audited financial results for the quarter and year ended on March 31, 2026. The said audited financial results duly signed by the Chairman and Director of the Company, Mr. ....
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Lerthai Finance Ltd reported a net loss of Rs. 42.51 lakhs for FY2026, a significant deterioration from a loss of Rs. 1.88 lakhs in FY2025. The company has zero revenue from operations, with total income declining to Rs. 28.61 lakhs from Rs. 46.93 lakhs in the previous year. Loss before tax worsened to Rs. 39.64 lakhs from Rs. 15.09 lakhs. The company continues to burn cash with negative operating cash flow of Rs. 63.13 lakhs, though cash reserves increased to Rs. 694.80 lakhs from Rs. 240.13 lakhs due to maturity of fixed deposits. The statutory auditor B. D. Jokhakar & Co. issued an unmodified (clean) opinion on the financial statements.
The company is loss-making with no operating revenue, indicating serious business viability concerns. Despite improved cash position from maturing deposits, the deepening losses and negative cash flows from operations signal high risk for shareholders. The clean audit opinion provides some comfort but the fundamental business model appears weak.