BSEPrism Finance LtdHighNeutral
Announced Thu, 12 Feb · 16:09 IST

The Board of Directors in their meeting held today, have taken on record the Unaudited Financial Results for the quarter ended on 31st December, 2025.

Qualified OpinionRevenue DeclinePat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors of Prism Finance Ltd approved unaudited standalone financial results for the quarter ended 31st December 2025. Revenue from operations fell sharply to Rs. 32.80 lakh in Q3 FY26 from Rs. 206.47 lakh in Q3 FY25, an ~84% year-on-year decline. The company reported a net loss of Rs. 49.10 lakh for the quarter (reduced from Rs. 148.92 lakh loss in Q3 FY25), helped by a Rs. 65.18 lakh deferred tax credit. On a 9-month cumulative basis, profit stood at Rs. 271.91 lakh (vs Rs. 327.07 lakh in 9M FY25), with EPS of Rs. 4.18. The statutory auditor, H K Shah & Co., issued a qualified conclusion flagging an investment of Rs. 1 crore in unquoted shares of BVM Finance Pvt. Ltd. whose net worth is negative, saying profits and assets are overstated to that extent. Management said it is evaluating the matter and will take appropriate action.

Likely market impact

Mixed picture for shareholders: while the quarterly loss narrowed and 9-month profit remains positive, the steep revenue decline and auditor's qualified opinion on a Rs. 1 crore impaired investment are red flags that may weigh on investor confidence.