Annual Report FY26: PAT declines, mid-term auditor change
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Tirupati Fin-Lease, an RBI registered NBFC investment company, reported PAT of about Rs 48.35 lakh in FY26 versus Rs 66.30 lakh in FY25, a fall blamed on capital market swings hitting its investment portfolio. PBT slipped to about Rs 57 lakh from Rs 75 lakh. No dividend recommended. Statutory auditor STAP and Co resigned in May 2026 after completing the FY26 audit. ADA and Associates was appointed to fill the casual vacancy and is proposed for a 5 year term, subject to member approval at the August 8, 2026 AGM. Audit report had no qualifications.
Profit fell about 27 percent. Mid-term auditor change and no dividend may worry shareholders, though clean audit offers comfort.