Outcome of Board Meeting held on 12th February, 2026 of Lerthai Finance Limited (commenced at 11.30 AM and concluded at 5:35 PM)
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The Board of Lerthai Finance Ltd approved the unaudited financial results for the quarter ended December 31, 2025 along with the nine-month results. For Q3 FY26, the company reported a total income of Rs 7.53 lakhs (down sharply from Rs 19.48 lakhs in Q3 FY25) and a net loss of Rs 9.54 lakhs versus a net profit of Rs 2.31 lakhs in the same quarter last year. For the nine months ended December 2025, the company posted total income of Rs 34.40 lakhs (vs Rs 53.09 lakhs last year) and a net loss of Rs 17.78 lakhs compared to a net profit of Rs 16.88 lakhs in the prior-year period. Loss per share for Q3 stood at Rs 1.36 versus earnings of Rs 0.33 in Q3 FY25. The balance sheet shows total assets of Rs 1,027.75 lakhs and total equity of Rs 994.48 lakhs, with cash and equivalents rising sharply to Rs 692.94 lakhs from Rs 240.13 lakhs at the end of FY25. The statutory auditors B. D. Jokhakar & Co. issued an unqualified limited review report, and the Chairman Mr. Shao Xing Max Yang signed the results from Los Angeles, suggesting overseas-based management.
The company has slipped back into losses on a year-on-year basis with sharply lower revenue, which is negative for shareholders and may weigh on the stock. However, the strong cash buildup on the balance sheet and the investment-focused business model (including holdings in an Alternative Investment Fund) provide some financial cushion. Investors should watch for signs of revenue recovery and clarity on the company's investment strategy going forward.