SHARDUL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors met on 29th July 2025 and approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended 30th June 2025). On a standalone basis, total revenue from operations stood at Rs. 8,057.79 lakhs versus Rs. 11,529.14 lakhs in Q1 FY25, with profit after tax at Rs. 6,077.35 lakhs versus Rs. 9,390.23 lakhs, representing a notable decline year-on-year. Consolidated PAT was Rs. 7,037.45 lakhs on revenue of Rs. 9,414.66 lakhs. The Board also reappointed Mr. Yogendra Chaturvedi as Whole Time Director (Executive Director) for a further five-year term, with his current tenure expiring on 4th February 2026. Additionally, M/s. D Maurya & Associates was appointed as Secretarial Auditor for five years. The Board also decided to continue operating as an NBFC Type-II rather than upgrading to Type-I.
The year-on-year decline in both revenue (~30%) and profit (~35%) for Q1 FY26 is a negative signal for short-term performance, though the company remains profitable. The reappointment of an existing executive director and the decision to retain NBFC Type-II status suggest operational continuity with no major strategic shift. Shareholders should monitor whether the decline is temporary or reflects a structural change in earnings.