Galada Finance News

Galada Finance Promoter Increases Stake to 17.71%

Naveen Galada, promoter of Galada Finance Limited, acquired 66,000 additional shares through off-market transaction on March 4, 2026, increasing his shareholding from 15.51% to 17.71%.

Galada Finance Q3FY26 Profit Surges 218% YoY

Galada Finance Limited reported strong Q3FY26 results with net profit jumping 218% YoY to ₹10.41 lakhs. Total income grew 87.9% to ₹71.26 lakhs driven by higher interest income.

Galada Finance Appoints Mr. Narayana Uppundanarasimha Maiya as Additional Non-Executive Director

Galada Finance Limited appointed Mr. Narayana Uppundanarasimha Maiya as an Additional Non-Executive Non-Independent Director effective October 15, 2025. The appointment is valid until the next Annual General Meeting and requires Reserve Bank of India approval. Maiya brings nearly four decades of banking experience from State Bank of India, with expertise in banking operations, risk management, digital transformation, and business growth. He is a qualified Cost & Management Accountant and has worked across southern states and Maharashtra. The board meeting was held on October 15, 2025, from 16:30 to 17:00 hours.

Galada Finance Reports 40% Growth in Total Income for Q1 FY2026

Galada Finance Limited reported total income of Rs. 53.41 lakhs for Q1 FY2026, representing growth from Rs. 38.12 lakhs in Q1 FY2025. The company's profit before tax increased to Rs. 5.27 lakhs compared to Rs. 4.23 lakhs in the previous year, while net profit rose to Rs. 4.02 lakhs from Rs. 3.23 lakhs. Interest income, the company's primary revenue source, grew to Rs. 52.69 lakhs from Rs. 37.33 lakhs year-over-year. Employee benefit expenses increased to Rs. 9.61 lakhs from Rs. 8.08 lakhs, and provision for non-performing assets rose to Rs. 0.94 lakhs from Rs. 0.28 lakhs. The company operates primarily in the financing business without separate reportable segments. The Board approved these unaudited results at a meeting held on August 9, 2025.