Announced Tue, 10 Feb · 19:15 IST

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting ....

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AI summary

Upsurge Investment & Finance Ltd, an NBFC, announced its unaudited results for the quarter and nine months ended 31st December 2025, approved at the board meeting on 10th February 2026. Total revenue from operations for Q3 FY26 stood at Rs. 899.38 lakhs, sharply lower than Rs. 1,770.05 lakhs in Q3 FY25. For the nine-month period, revenue fell to Rs. 5,112.52 lakhs from Rs. 7,657.76 lakhs a year ago, a decline of roughly 33%. Profit after tax for the nine months dropped to Rs. 946.15 lakhs from Rs. 1,564.57 lakhs, down about 40% YoY, with basic EPS at Rs. 4.71 versus Rs. 8.64. The auditor (Jain & Trivedi) issued a clean review report with no qualifications. The board also approved the appointment of Mrs. Daya Dhavalbhai Savani as the new Company Secretary and Compliance Officer.

Likely market impact

Weaker top-line and profits compared to last year suggest slower business activity, though the company remains profitable with no auditor red flags. Appointment of a new Company Secretary is a routine compliance change and not material for shareholders.