Abhishek Finlease News

Abhishek Finlease Q3 FY26 Results Show Mixed Performance

Abhishek Finlease reported net profit of ₹3.37 lakhs for Q3 FY26, down from ₹4.16 lakhs in Q3 FY25. Total income rose to ₹30.76 lakhs from ₹15.79 lakhs year-on-year.

Abhishek Finlease Reports 71% Drop in Quarterly Profit to Rs 1.72 Lakh

Abhishek Finlease Limited reported a net profit of Rs 1.72 lakh for the quarter ended September 30, 2025, significantly lower than Rs 5.95 lakh in the same quarter last year. Total income declined to Rs 13.87 lakh from Rs 33.38 lakh year-over-year. For the half-year period, profit dropped to Rs 3.86 lakh compared to Rs 10.23 lakh in the previous year. The company's revenue from operations included interest income of Rs 6.04 lakh, dividend income of Rs 1.84 lakh, and product sales of Rs 2.33 lakh. Total expenses for the quarter were Rs 10.90 lakh. The company's paid-up equity share capital stands at Rs 461.27 lakh with basic earnings per share at Rs 0.08. The board meeting was held on October 30, 2025, to approve these unaudited financial results.

AKGVG & Associates Resigns as Statutory Auditor of Abhishek Finlease Limited

AKGVG & Associates has resigned as statutory auditor of Abhishek Finlease Limited effective August 12, 2025. The auditing firm cited their inability to continue due to a demerger with Shah Karia & Associates and the retirement of a relationship partner from their firm. The auditors were appointed on September 29, 2023, and their term was scheduled to expire at the Annual General Meeting for fiscal year 2027-28. Their last audit work was a Limited Review Report for the quarter ended June 30, 2025, submitted on August 7, 2025. The firm confirmed there are no other material reasons for their resignation beyond the stated organizational changes.