Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
Smart Finsec Ltd's board, meeting on August 12, 2025, approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Total income stood at Rs. 54.97 lacs, down about 10.5% from Rs. 61.41 lacs in the same quarter last year, mainly due to sharply lower profit from F&O/jobbing (Rs. 19.60 lacs vs Rs. 27.28 lacs) and negligible profit on share sales (Rs. 0.10 lacs vs Rs. 6.96 lacs). Net profit after tax came in at Rs. 28.24 lacs versus Rs. 30.02 lacs in Q1 FY25, a mild decline of around 6%. On a sequential basis (vs Q4 FY25 at Rs. 44.05 lacs), total income grew nearly 25%, showing a recovery trend. The company continues to operate in two segments — Real Estate and NBFC activity — with NBFC contributing the bulk of revenue (~87%). The statutory auditor, A. Mohan & Co., issued a clean limited review report with no qualifications or concerns.
The YoY decline in both revenue and profit may be viewed negatively by investors, but the strong sequential rebound from Q4 FY25 and a clean auditor review limit downside concerns. For shareholders, the picture is mixed: topline pressure in core NBFC and trading income needs to be watched, though the company remains profitable with healthy reserves of Rs. 1,268 lacs.