Approval for unaudited standalone Financial Results quarter ended June 30, 2025.
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Salem Erode Investments Ltd, a small non-banking finance company, approved its Q1 FY26 (quarter ended June 30, 2025) unaudited standalone financial results. Revenue from operations rose about 14.7% year-on-year to ₹108.88 lakhs, while total income grew to ₹110.19 lakhs from ₹96.54 lakhs. The company continued to report losses, posting a profit-after-tax loss of ₹98.98 lakhs compared with a loss of ₹130.34 lakhs in Q1 FY25. Loss per share improved to ₹(0.86) from ₹(1.14). Total expenses fell to ₹209.16 lakhs from ₹229.91 lakhs, helped by lower finance costs. The statutory auditor, Mohandas & Associates, issued an unqualified limited review report.
The loss narrowed and revenue is growing modestly, which is a mild positive. However, the company remains loss-making on a quarterly basis, so shareholders should temper expectations until clear signs of consistent profitability emerge.