FINANCIAL RESULT QTR-2
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Rita Finance and Leasing Ltd reported strong Q2 FY26 results with revenue from operations of ₹32.99 lakhs, up ~45% from ₹22.75 lakhs in Q2 FY25. Profit after tax jumped to ₹20.29 lakhs (vs ₹7.35 lakhs), a growth of about 176% year-on-year, driven by higher interest income and lower expenses. For H1 FY26, total income rose to ₹69.65 lakhs (vs ₹55.20 lakhs) and PAT climbed to ₹42.49 lakhs (vs ₹26.49 lakhs). Total assets stood at ₹1,883.26 lakhs, borrowings were reduced to ₹175.75 lakhs from ₹251.80 lakhs, and the company generated ₹63.07 lakhs in positive operating cash flow. The statutory auditor (J. Singh & Associates) issued a clean limited review report with no qualifications.
Strong top-line and bottom-line growth, reduced borrowings, and healthy operating cash flow are positive signs for shareholders, though the company's overall scale remains very small. The sharp profit jump is partly a low-base effect and may not be sustainable at the same pace.