Pursuant to Regulation 33 and Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its Meeting held ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ushakiran Finance Ltd reported a net loss of Rs. 4.36 lakhs for FY2026, a sharp decline from Rs. 24.38 lakhs profit in FY2025. Total income fell to Rs. 47.23 lakhs from Rs. 55.40 lakhs, while total expenses nearly doubled to Rs. 45.53 lakhs from Rs. 26.00 lakhs. The company posted negative operating cash flow of Rs. 30.39 lakhs compared to positive Rs. 18.71 lakhs in the prior year. Cash reserves dropped significantly from Rs. 28.89 lakhs to Rs. 8.25 lakhs. Other comprehensive income showed a large loss of Rs. 294.42 lakhs, mainly due to fair value changes. Statutory auditors NSVR & Associates issued an unmodified opinion, and internal auditors were changed from M/s. Venkataratnam & Associates to M/s. CRK & Associates.
The company swung from profit to loss with deteriorating cash generation and shrinking revenue, which may concern investors. However, the clean audit opinion provides some comfort about financial statement reliability.