BSESunshine Capital LtdMediumNeutral
Announced Tue, 11 Nov · 18:55 IST

With reference to the above captioned subject, we hereby informed you that the Board of Directors at their meeting held today i.e., Tuesday, 11th November, 2025, 06:00 P.M. concluded at ....

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sunshine Capital Limited (an NBFC) approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025. Standalone total income for Q2 FY26 stood at Rs. 131.76 lacs with profit after tax of Rs. 62.60 lacs, sharply lower than the Rs. 329.59 lacs profit in Q2 FY25. For H1 FY26, total income was Rs. 865.19 lacs and profit after tax was Rs. 530.07 lacs, marking a turnaround from a loss of Rs. 68.41 lacs in H1 FY25. The H1 turnaround was largely driven by a one-time reversal of impairment on financial instruments of about Rs. 2,761 lacs booked in Q1 FY26. Interest income (the company's main revenue line as an NBFC) for H1 FY26 was Rs. 849.92 lacs against Rs. 821.97 lacs in H1 FY25. A limited review report by VRSK & Associates was also filed, and the company submitted an undertaking confirming that Regulation 32 of SEBI LODR was not applicable for the quarter.

Likely market impact

The headline H1 turnaround looks impressive but is heavily propped up by a one-off impairment reversal in Q1, while Q2 standalone profit has fallen sharply year-on-year — this is a mixed signal for shareholders and suggests underlying core earnings remain weak.