TruCap Finance Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2025.
TRU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TruCap Finance Limited reported weak unaudited Q1 FY26 results (quarter ended June 30, 2025). Standalone revenue from operations fell ~42% YoY to ₹3,002 lakhs (from ₹5,199 lakhs), driven by a sharp drop in interest income to ₹2,804 lakhs (from ₹4,320 lakhs). The company swung to a standalone loss after tax of ₹887 lakhs versus a profit of ₹139 lakhs in Q1 FY25, with EPS of ₹(0.76). Impairment on financial instruments surged nearly 10x YoY to ₹1,030 lakhs, and asset quality weakened materially — GNPA rose to 5.49% (from 1.42% YoY) and NNPA to 3.38%. The Board also re-appointed Mr. Rohanjeet Singh Juneja as MD & CEO for 3 years and appointed M/s. U. Hegde & Associates as Secretarial Auditor for 5 years. The statutory auditor issued an unmodified (clean) limited review opinion.
Negative for shareholders — the company reported a quarterly loss, steep revenue decline, and worsening asset quality (rising NPAs and provisions), which could weigh on the stock. The debt-equity ratio remains elevated at 3.11x, and warrant holders voluntarily forfeited 60 lakh warrants, signaling weak investor confidence in the preferential issue.