The Board has Considered and Approved the Unaudited Standalone Financial Results of the Company along with the Limited Review Report issued by the Statutory Auditor for the quarter and ....
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The Board approved unaudited standalone financial results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine months ended Dec 31, 2025. Total income for Q3 FY26 jumped sharply to ₹210.15 lakh from ₹16.00 lakh in Q3 FY25, with profit after tax rising to ₹31.11 lakh from ₹0.07 lakh. For 9M FY26, total income grew to ₹243.54 lakh versus ₹34.28 lakh a year ago, and PAT climbed to ₹42.99 lakh from ₹0.30 lakh. The statutory auditor Goyal Nagpal & Co. issued an unmodified limited review report, noting that prior period figures were reviewed by the predecessor audit firm, indicating an auditor change during the year. Separately, three Independent Directors (Ms. Harsha Hitesh Bhanshali, Mr. Nitin Parmar, and Mr. Vimal Dwivedi) resigned over a roughly one-month window between early January and early February 2026. The Board also received RBI no-objection for changing the company's name to RAAMA FINANCE LIMITED.
Strong top-line and bottom-line growth year-on-year is a positive signal for shareholders, though the very small absolute base makes percentage gains look outsized. The quick succession of three Independent Director resignations may raise governance concerns and could affect board composition compliance. The name change to RAAMA FINANCE LIMITED signals a possible brand repositioning following RBI approval.