We wish to inform you that the board has approved the unaudited financial results.
Awaiting price reaction for this filing.
Minolta Finance Ltd reported unaudited standalone Q1 FY26 results, with total income surging to Rs. 206.35 lakhs from Rs. 22.56 lakhs in the year-ago quarter, driven mainly by interest income of Rs. 205.31 lakhs. Total expenses rose sharply to Rs. 206.58 lakhs, leaving the company with a marginal pre-tax loss of Rs. 0.23 lakh versus a Rs. 1.31 lakh profit a year ago. The company swung to a net profit of Rs. 14.65 lakhs (from Rs. 1.31 lakhs), but this was almost entirely driven by a one-time tax adjustment credit of Rs. 14.82 lakhs relating to earlier years; the auditor (M/s Khandelwal Prem & Associates) issued an unqualified limited review report.
Core operations remain essentially break-even, so the headline profit jump is not from business growth but from a one-off prior-year tax credit. Shareholders should note that underlying profitability is weak, even though revenue scaled up significantly quarter-on-quarter.