outcome of Board Meeting
Awaiting price reaction for this filing.
Oswal Leasing Ltd's Board approved its unaudited financial results for the quarter and half year ended September 30, 2025. Total income for H1 FY26 stood at Rs 7.54 lakhs, almost flat compared to Rs 7.58 lakhs in H1 FY25, while total expenses rose about 17% to Rs 9.74 lakhs from Rs 8.33 lakhs, driven mainly by higher employee and other costs. The company slipped into a loss of Rs 2.20 lakhs in H1 FY26 (vs a Rs 0.75 lakh loss in H1 FY25), translating to a negative EPS of Rs 0.44 for the half year. Net cash used in operating activities was Rs 1.18 lakhs in H1 FY26, though an improvement from Rs 2.56 lakhs used in the same period last year. The statutory auditor V.V. Bhalla & Co. issued an unmodified limited review report with no qualifications.
For shareholders, this is a weak set of numbers — the company continues to report losses with widening expense base and negligible revenue growth, though its balance sheet remains light on liabilities with Rs 277.63 lakhs of equity against just Rs 2.52 lakhs of total liabilities. Investors should view this as a small, loss-making NBFC with limited operating activity; results are unlikely to move the stock meaningfully but flag ongoing going-concern-style weakness in operations.