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Gujarat Lease Financing Q2 FY27 results: net profit up 50.0% to ₹0.03 crore
Gujarat Lease Financing Limited reported standalone Q2 FY27 profit of ₹0.03 crore and basic EPS of ₹0.01. The company recorded no operating revenue, while total income was ₹0.11 crore and EBITDA was a loss of ₹0.08 crore; on the consolidated basis, no figures were provided in the filing excerpt.
Key points
- Revenue from operations was ₹0 crore in Q2 FY27, unchanged from Q2 FY26 and Q1 FY27.
- Total income was ₹0.11 crore, unchanged from Q2 FY26 and up ₹0.01 crore from Q1 FY27.
- Net profit was ₹0.03 crore, up ₹0.01 crore from Q2 FY26 and up ₹0.11 crore from Q1 FY27.
- Basic EPS was ₹0.01, unchanged from Q2 FY26 and up from a loss of ₹0.03 in Q1 FY27.
- The stock rose 9.4% within 30 minutes of the filing after market but fell 1.8% on the reaction day from the previous close.
How did Gujarat Lease Financing perform in Q2 FY27?
Gujarat Lease Financing’s standalone results for Q2 FY27 showed revenue from operations of ₹0 crore, total income of ₹0.11 crore and EBITDA of a loss of ₹0.08 crore. The quarter’s profit before tax and net profit were each ₹0.03 crore, with basic EPS of ₹0.01. Against Q2 FY26, revenue and total income were unchanged, while profit before tax and net profit increased by ₹0.01 crore each. No consolidated figures were given in the filing excerpt.
Compared with Q1 FY27, total income increased by ₹0.01 crore, or 10.0%, and total expenses declined by ₹0.10 crore, or 55.6%. EBITDA improved by ₹0.10 crore, from a loss of ₹0.18 crore to a loss of ₹0.08 crore. Profit before tax and net profit each moved from a loss of ₹0.08 crore to a profit of ₹0.03 crore, while basic EPS moved from a loss of ₹0.03 to ₹0.01. Revenue remained ₹0 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0 | 0 | 0 | ||
| Other income | 0.11 | 0.10 | 0.11 | +0.0% | +10.0% |
| Total expenses | 0.08 | 0.18 | 0.08 | +0.0% | −55.6% |
| EBITDA | −0.08 | −0.18 | −0.08 | ||
| Profit before tax | 0.03 | −0.08 | 0.02 | +50.0% | turned to profit |
| Tax | 0 | 0 | 0 | ||
| Net profit | 0.03 | −0.08 | 0.02 | +50.0% | turned to profit |
| EPS (₹) | 0.01 | −0.03 | 0.01 | +0.0% | turned to profit |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Gujarat Lease Financing's costs and profit?
Total expenses were ₹0.08 crore in Q2 FY27, unchanged from Q2 FY26 and down ₹0.10 crore from Q1 FY27. Employee cost was ₹0.03 crore, other expenses were ₹0.05 crore, while cost of materials, finance costs and depreciation were ₹0 crore in each case. Other income was ₹0.11 crore, unchanged from Q2 FY26 and up ₹0.01 crore from Q1 FY27. Tax was ₹0 crore, and there was no exceptional item.
The filing does not state a reason for the quarter’s profit or the change from the previous quarter. The reported figures show lower total expenses than Q1 FY27, while other income was slightly higher. The board’s filing also said the company had no business plan and did not intend to have any business activity in the near future, and the financial statements were therefore prepared on a non-going-concern basis.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.03 | 0.03 | 0 | +0.0% |
| Finance costs | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | |
| Other expenses | 0.05 | 0.05 | 0 | +0.0% |
| Total expenses | 0.08 | 0.08 | 0 | +0.0% |
| Other income | 0.11 | 0.11 | 0 | +0.0% |
| Tax | 0 | 0 | 0 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, Gujarat Lease Financing reported no revenue from operations and total income of ₹0.21 crore. Profit before tax and net profit were each a loss of ₹0.05 crore, and basic EPS was a loss of ₹0.02. In H1 FY26, total income was also ₹0.21 crore, while profit before tax and net profit were each a loss of ₹0.04 crore, with basic EPS of a loss of ₹0.01. The company therefore reported a larger loss in the first half of FY27.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 0 | 0 | |
| Profit before tax | −0.05 | −0.04 | |
| Net profit | −0.05 | −0.04 | |
| EPS (₹) | −0.02 | −0.01 |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As of 30 September 2026, total assets were ₹6.44 crore, compared with ₹6.42 crore on 31 March 2026. Total equity was a loss of ₹4.01 crore against a loss of ₹4.03 crore, and borrowings were ₹10.0 crore on both dates. Cash was ₹0.24 crore, compared with ₹5.98 crore at the previous balance-sheet date. The filing stated that accumulated losses exceeded net worth and total liabilities exceeded total assets.
For H1 FY27, operating cash flow was an outflow of ₹5.92 crore, compared with an outflow of ₹0.2 crore in H1 FY26. Investing cash flow was ₹0.18 crore, compared with ₹0.21 crore, while financing cash flow was ₹0 crore in both periods. Capital expenditure was ₹0 crore in each period.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 6.44 | 6.42 |
| Total equity | −4.01 | −4.03 |
| Borrowings | 10 | 10 |
| Cash and equivalents | 0.24 | 5.98 |
| Inventories | 0 | 0 |
| Trade receivables | 0 | 0 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −5.92 | −0.20 |
| Cash from investing | 0.18 | 0.21 |
| Cash from financing | 0 | 0 |
| Capital expenditure | 0 | 0 |
Source: Company's results filing (XBRL).
How has Gujarat Lease Financing done over the last 8 quarters?
The quarterly profit pattern moved from ₹0.05 crore in Q3 FY25 and Q4 FY25 to a loss of ₹0.06 crore in Q1 FY26, before recovering to ₹0.02 crore in Q2 FY26 and ₹0.03 crore in Q3 FY26. Profit reached ₹0.06 crore in Q4 FY26, fell to a loss of ₹0.08 crore in Q1 FY27, and returned to ₹0.03 crore in Q2 FY27. Revenue from operations remained ₹0 crore across the reported quarters, and EBITDA margin data was not provided.
How did Gujarat Lease Financing shares react?
| After the filing | Stock |
|---|---|
| 5 minutes | +9.4% |
| 15 minutes | +9.4% |
| 30 minutes | +9.4% |
| Reaction day | −1.8% |
| Next day | +3.7% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 30 July 2026 | +2.4% |
| 30 April 2026 | +2.0% |
| 19 January 2026 | −5.0% |
| 17 October 2025 | −3.9% |
| 25 July 2025 | −2.1% |
| 6 May 2025 | −5.2% |
| 12 February 2025 | −4.5% |
| 17 October 2024 | +4.5% |
Source: MarketPing price-reaction measurement.
Quick answers
What was Gujarat Lease Financing's revenue in Q2 FY27?
Revenue from operations was ₹0 crore, against ₹0 crore in Q2 FY26 (standalone).
Did Gujarat Lease Financing make a profit in Q2 FY27?
Yes. Net profit was ₹0.03 crore, against a net profit of ₹0.02 crore in Q2 FY26.
What was Gujarat Lease Financing's EPS in Q2 FY27?
Basic earnings per share were ₹0.01, against ₹0.01 in Q2 FY26.
How did Gujarat Lease Financing shares react to the Q2 FY27 results?
On the reaction day the stock moved −1.8% from the previous close.
When did Gujarat Lease Financing announce its Q2 FY27 results?
On 28 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Meeting To Be Held On October 28, 2026 (BSE, 22 October 2026) · PDF
- Board Meeting Outcome for Outcome Of The Board Meeting Dated October 28, 2026 (BSE, 28 October 2026) · PDF
- Outcome Of The Board Meeting Dated October 28, 2026 (BSE, 28 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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