ENCL PLEASE FIND HEREWITH OUTCOME OF BOARD MEETING HELD ON THURSDAY 14/08/2025 AT 4.00 PM AT REGISTERED OFFICE. THE MEETING CONCLUDED AT 6.30 PM.
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NPR Finance's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total revenue from operations fell sharply to ₹112.55 lakhs from ₹182.66 lakhs in the same quarter last year, a decline of about 38%. Interest income dropped to ₹93.82 lakhs from ₹123.21 lakhs. Profit after tax came in at ₹14.42 lakhs versus ₹22.48 lakhs earlier, with EPS at ₹0.24 vs ₹0.38. The board also approved the closure of three branches — Siliguri, Nimtala, and Bardhaman — citing unviable business operations. The statutory auditor Deoki Bijay & Co. issued a clean limited review report with no qualifications.
Both revenue and profitability declined meaningfully year-on-year, and the closure of three branches points to a shrinking or unprofitable retail presence. For shareholders, this signals continued pressure on the core lending business and may weigh on the stock in the near term, though no audit concerns were flagged.