This is to inform you that the Board of Directors has approved the Unaudited Limited Review Financial Results and also the extract of the financial results to be published in the newspaper
Awaiting price reaction for this filing.
Nicco Uco Alliance Credit, a Kolkata-based NBFC, reported a standalone loss of Rs 411.72 lakhs for Q3 FY26 and Rs 1,195.98 lakhs for the nine months ended December 2025, compared to a loss of Rs 1,028.25 lakhs in the same period last year. Total income collapsed to just Rs 2.18 lakhs for 9M FY26, down sharply from Rs 5.62 lakhs in 9M FY25. The company's NBFC licence has been cancelled by the RBI, and its appeal is pending before the Appellate Authority. Critically, the company has not been booking interest on bank dues since April 2015 pending a one-time settlement with consortium lenders and IFC Washington — this artificially reduced reported losses by Rs 324 crores in the current period and Rs 2,368 crores cumulatively. SFIO cases on accounting violations are pending in court, and bank balance confirmations are unavailable for NPA accounts. Finance costs stood at Rs 1,146 lakhs for 9M FY26 (up from Rs 983 lakhs).
This is a deeply distressed NBFC. The non-booking of Rs 2,368 crores of cumulative interest masks the true scale of losses, and the cancelled NBFC licence means the core business is not operational. The stock is highly speculative and suitable only for investors with high risk tolerance and an understanding that real losses could balloon once the one-time settlement is finalised.