Unaudited Financial Result for the Quarter ended as on 31.12.2025
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Geetanjali Credit and Capital, an NBFC, reported standalone unaudited results for Q3 FY26 (ended December 31, 2025). The company earned zero revenue from operations across all periods shown. Total expenses for the quarter stood at Rs. 1.59 lakhs, resulting in a net loss of Rs. 1.59 lakhs compared to a loss of Rs. 0.24 lakhs in Q3 FY25. For nine months FY26, the loss widened to Rs. 4.31 lakhs from Rs. 1.72 lakhs in the same period last year. The auditor (S K Bhavsar & Co.) issued an Emphasis of Matter flagging several serious concerns: Rs. 256.27 lakhs in long-standing loans with no balance confirmations, non-compliance with RBI NPA provisioning norms, an outstanding income tax demand of Rs. 529.75 lakhs with no documentation provided, inability to verify investments, and the absence of a company secretary.
The results are deeply negative — no operating revenue, persistent widening losses, and serious auditor concerns about asset quality, regulatory non-compliance, and undisclosed tax liabilities. This raises significant red flags for shareholders about the company's financial health and governance.