Board approves Q1 FY27 results, proposes new Director pending RBI nod
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Board approved Q1 FY27 results (ended June 30, 2026): total income at Rs 864.29 lakh versus Rs 823.52 lakh YoY, up roughly 5 percent. PAT fell to Rs 115.68 lakh from Rs 134.37 lakh, down about 14 percent. Interest income rose to Rs 794.57 lakh from Rs 739.96 lakh. Auditor G.S. Chugh and Associates issued an unqualified limited review report. Board also identified Chinnian Mani Sundarraj as proposed Director, awaiting RBI clearance since the firm is an NBFC.
Modest revenue growth but profit dipped year on year. New Director appointment hinges on RBI approval, a routine step for NBFCs.