We are herewith enclosing the following: 1. Audited financial results for the quarter and year ended 31.3.2026. 2. Appointment of M/s. CRK & Associates, Chartered accountants as internal ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ushakiran Finance Ltd reported a sharp deterioration in its annual performance for FY26 ending March 2026. Total income declined to Rs 47.23 lakh from Rs 55.40 lakh in FY25, while profit before tax collapsed to just Rs 1.70 lakh from Rs 29.40 lakh in the previous year. The company swung to a net loss of Rs 4.36 lakh compared to profit of Rs 24.38 lakh in FY25. EPS turned negative at Rs -0.17 per share versus Rs 0.96 in FY25. Operating cash flows were deeply negative at Rs -30.39 lakh for the year, a significant decline from positive Rs 18.71 lakh in FY25. Total comprehensive income was negative at Rs -298.78 lakh due to mark-to-market losses on investments. The statutory auditor issued an unmodified (clean) opinion, and the company also announced appointment of M/s CRK & Associates as internal auditors replacing the previous firm.
The company has shown significant deterioration with revenue decline and transition to losses in FY26. The negative operating cash flow and sharp decline in profitability are concerning for shareholders. However, the clean audit opinion provides some comfort on financial reporting integrity.