Please find attached the outcome of the Board Meeting held on August 07, 2025.
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The board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone total income fell to ₹649.17 lakhs (vs ₹809.66 lakhs in Q1 FY25) and standalone profit after tax declined to ₹424.47 lakhs (vs ₹514.45 lakhs), with EPS at ₹11.04. Consolidated PAT stood at ₹428.96 lakhs (vs ₹516.52 lakhs). The company is an NBFC operating in Loans & Investment and Consultancy divisions, with a strong capital adequacy ratio of 91.93%. Statutory auditor M/s ARSK & Associates will resign at the 34th AGM (completion of 3-year term per RBI norms) and M/s S K Patodia & Associates LLP has been appointed as new auditor for 3 years. The board recommended a final dividend of ₹0.25 per share (face value ₹10) for FY25, subject to shareholder approval.
The year-on-year decline in both revenue and profit may be viewed negatively by investors, though the NBFC remains well-capitalized. The dividend of ₹0.25 per share is modest and the auditor change is a routine regulatory transition. Shareholders should watch the 34th AGM on September 25, 2025 for dividend approval and full annual report.