Tci Finance Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
TCIFINANCE · price
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TCI Finance Limited reported near-zero revenue of Rs. 0.11 lakhs for Q1 FY26 (vs Rs. 666 lakhs for full year FY25), with a net loss of Rs. 41.54 lakhs compared to a Rs. 49.79 lakhs loss in Q1 FY25. The company has negative other equity of Rs. 8,937 lakhs, and the statutory auditor issued a qualified opinion flagging going concern doubts, contingent liabilities of Rs. 17,820.89 lakhs related to corporate guarantees given to Amrit Jal Ventures, and non-recognition of Rs. 6.37 lakhs in interest expense this quarter (Rs. 425.49 lakhs cumulative). The board also appointed Ms. D N V Sai Anusha as the new CFO. An emphasis of matter was raised regarding an RBI communication directing the company to surrender its NBFC Certificate of Registration due to failure to maintain minimum Net Owned Funds.
This is a deeply distressed quarter — collapsing revenue, negative book value, going concern uncertainty, and pending NBFC license surrender signal serious solvency risk for shareholders. The stock remains highly risky and is effectively a legacy non-banking finance company winding down operations.