Outcome of the Board meeting held on November 12, 2025 - Financial Results for the quarter and half year ended September 30, 2025
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The board of Richfield Financial Services Ltd approved the unaudited financial results for the quarter and half year ended September 30, 2025, along with the balance sheet and cash flow statement, all accompanied by a Limited Review Report from the statutory auditors. Profit before exceptional items for Q2 FY26 stood at Rs. 33.52 lakh versus Rs. 9.40 lakh in Q2 FY25, while H1 FY26 profit surged to Rs. 42.93 lakh from just Rs. 2.17 lakh in H1 FY25 — a nearly 20-fold jump. EPS for H1 FY26 improved to Rs. 0.57 from Rs. 0.06 in the prior-year period. The board also approved expansion of branches into Kerala and Bangalore regions, signalling a growth push for this Kolkata-based NBFC.
Strong H1 profit growth and a planned geographic expansion into South India are positive signals for shareholders, though results remain small in absolute size given the company's modest Rs. 7.50 crore equity base. The branch expansion could lift future revenue but will also increase operating costs.