Unaudited Financial Results for quarter ended June 30, 2025.
Awaiting price reaction for this filing.
Capfin India Limited reported unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income stood at Rs. 5.92 lakhs, down slightly from Rs. 6.07 lakhs in the corresponding quarter last year. Total expenses were disproportionately high at Rs. 39.84 lakhs, driven mainly by impairment losses on financial assets (Rs. 30.81 lakhs), fees and commission expenses (Rs. 4.66 lakhs), and employee benefits (Rs. 1.99 lakhs). The company posted a loss before tax of Rs. 33.92 lakhs and a loss after tax of Rs. 24.79 lakhs, compared to a small profit of Rs. 0.59 lakhs in Q1 FY25. Basic and diluted EPS came in at Rs. (0.84). Statutory auditor Mehra Goel & Co. issued an unmodified (clean) limited review opinion on the results.
The sharp swing into losses and very high expense-to-revenue ratio (expenses nearly 7x revenue) point to serious operational stress for shareholders. Despite the clean auditor opinion, the negative quarterly earnings are likely to be viewed negatively by the market.