Q2 FY26 results: sharp loss, rising NPAs, NCD default resolved
TRU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 2.3 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TruCap Finance reported Q2 FY26 PAT at negative Rs 32.59 cr vs Rs 1.21 cr profit YoY. Total income dropped to Rs 24.60 cr from Rs 58.22 cr. H1 FY26 loss was Rs 41.46 cr. Impairment costs surged to Rs 27.34 cr from Rs 3.11 cr. GNPA worsened to 6.64% from 2.59% YoY. Company disclosed continued financial stress and asset quality deterioration. Board appointed Vishal Miglani as interim CFO and granted 19.07 lakh ESOPs.
Sharp losses with rising NPAs signal serious financial distress. Shareholders face major value erosion with EPS at minus Rs 2.79.