Submission of Unaudited (Standalone and Consolidated) financial results for the quarter ended on 31st december 2025 along with limited review report.
Awaiting price reaction for this filing.
Sunshine Capital Ltd, a Delhi-based NBFC, reported weak Q3 FY26 results. Standalone total income fell sharply to ₹113.94 lakh from ₹228.82 lakh in the year-ago quarter, a drop of about 50%. Profit after tax for Q3 declined to ₹42.23 lakh from ₹188.52 lakh YoY, roughly a 78% fall. The 9-month FY26 PAT of ₹3,158.57 lakh looks strong, but is almost entirely driven by a one-time reversal of impairment on financial instruments of ₹2,950.11 lakh; core operating profit remained thin. Interest income for 9M FY26 was ₹436.04 lakh versus ₹1,073.79 lakh in the prior year, underscoring real business weakness. The statutory auditor M/s VRSK & Associates issued a limited review report that includes an Emphasis of Matter paragraph.
Shareholders should note that headline 9-month profit is misleading without the one-time impairment reversal; underlying business activity has contracted sharply both quarter-on-quarter and year-on-year. The auditor's Emphasis of Matter also flags an item that investors may want to read carefully before drawing comfort from these numbers.