Escorp Asset Management News

Escorp Asset Management Reports Quarterly Financial Results

Escorp Asset Management Limited announced its unaudited financial results for the quarter ended September 30, 2025. The Board of Directors approved the results in a meeting held on November 10, 2025. The company reported total revenue from operations of Rs 1,130.98 lakhs and total income of Rs 1,989.78 lakhs for the quarter. Net profit for the period was Rs 216.99 lakhs. The company's total assets stood at Rs 7,400.71 lakhs as of September 30, 2025, with cash and cash equivalents of Rs 2,061.07 lakhs. Investment income and dividend income contributed Rs 719.90 lakhs to the revenue. The results were prepared in compliance with Indian Accounting Standards and reviewed by independent auditors V.N. Purohit & Co.

Escorp Asset Management Board Approves Key Corporate Decisions Including New Secretarial Auditor Appointment

Escorp Asset Management Limited's Board of Directors approved multiple strategic decisions during their meeting on August 22, 2025. The company appointed M/s. JNG & Co. LLP as Secretarial Auditor for five consecutive years, from the conclusion of the 14th AGM until the 19th AGM, subject to shareholder approval. Other key approvals included changes to overall borrowing limits, creation of charges on company assets, increased thresholds for loans, guarantees and investments, material related party transactions, and authorization for loans and guarantees. The Board also approved corporate social responsibility expenditure for financial year 2025-26 and the draft Board's Report for FY 2024-25. Additionally, they finalized the draft notice for the 14th Annual General Meeting scheduled for September 19, 2025, to be conducted through video conferencing, and appointed M/s. JNG&CO.LLP as scrutinizer for the AGM.

Escorp Asset Management Reports Q1 FY26 Results, Migrates to BSE Main Board

Escorp Asset Management Limited approved its unaudited financial results for the quarter ended June 30, 2025. The company reported a net profit of Rs. 72.54 lakhs compared to Rs. 498.17 lakhs in the same quarter last year. Total income decreased to Rs. 91.14 lakhs from Rs. 577.59 lakhs year-over-year. Revenue from operations fell to Rs. 58.61 lakhs from Rs. 547.58 lakhs in the previous year quarter. Basic earnings per share stood at Rs. 0.65 compared to Rs. 4.48 in the corresponding quarter last year. The company successfully migrated from BSE's SME Board to the Main Board during the financial year, requiring quarterly financial reporting for the first time instead of the previous half-yearly reporting requirement.