Abhinav Leasing & Finance reported a net profit of ₹15.68 crore for the quarter ended June 30, 2026 (Q1FY27), marking a significant turnaround from the net loss of ₹31.60 crore recorded in Q4FY26. The company’s revenue from operations more than doubled to ₹81.32 crore in the current quarter, up from ₹35.27 crore in the same period last year. This operational improvement coincides with the resignation of Independent Director Prateek Singh, who stepped down effective August 12, 2026, due to personal commitments.

The Board of Directors approved the unaudited financial results during a meeting held on August 12, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor, GAMS & Associates LLP, conducted a limited review of the financial statements pursuant to Standard on Review Engagements (SRE) 2410. Additionally, the company confirmed under Regulation 32 that there were no deviations or variations in the use of proceeds from its Initial Public Offer for the quarter ended June 30, 2026.

Financial Performance Highlights

The company’s total income stood at ₹81.32 crore for Q1FY27, compared to ₹205.69 crore in Q4FY26 and ₹35.27 crore in Q1FY26. Total expenses decreased significantly to ₹65.64 crore from ₹212.07 crore in the previous quarter, driven largely by lower finance costs and other expenses.

Note: Net loss for Q4FY26 includes tax benefits; Profit Before Tax was (₹6.38) crore.

Finance costs remained a significant expense component at ₹43.74 crore in Q1FY27, down from ₹88.39 crore in Q4FY26 but higher than the nil figure reported in Q1FY26. Employee benefit expenses rose to ₹5.74 crore from ₹1.81 crore year-ago. The company operates in a single primary business segment — Trading of Shares and Securities — making operating segment disclosures under IND AS 108 inapplicable.

Leadership Change

Independent Director Prateek Singh (DIN: 11342647) resigned from his position effective August 12, 2026. In his resignation letter, Singh cited personal and unavoidable circumstances as the reason for stepping down. He confirmed that there are no unresolved disputes with the company on any matter and no other material reasons for his resignation. The Board accepted his resignation and noted that he holds no directorships in other listed entities. Atul Kumar Agarwal, Director, signed the communication to the BSE Limited.

What the Numbers Show

The reversal from a quarterly loss to a profit of ₹15.68 crore highlights improved cost management, particularly in controlling finance costs which halved compared to the preceding quarter. However, the profit margin remains sensitive to interest rates given the high absolute level of finance costs relative to revenue. The doubling of revenue year-on-year suggests increased trading activity or volume in shares and securities, though the company did not disclose specific transaction volumes. Investors should monitor whether this revenue growth is sustainable and if finance costs will continue to decline in subsequent quarters.

abhinav leasing & finance announced the resignation of its Company Secretary & Compliance Officer, Mr. Deepanshu Mittal, effective June 9, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the resignation was due to personal reasons and confirmed there are no other material factors or unresolved disputes associated with the departure.

Mr. Deepanshu Mittal confirmed in his resignation letter that the decision to step down was driven by personal and unavoidable circumstances. He verified that he has no additional information to disclose regarding the resignation. The company acknowledged the receipt of the resignation letter dated June 9, 2026.

Resignation Details

The company provided the following specific details regarding the change in its compliance leadership:

Abhinav Leasing & Finance Limited indicated that it is currently in the process of appointing a new Company Secretary & Compliance Officer. The company stated that the appointment will be intimated in due course. The filing was signed by Atul Kumar Agarwal, Director, on behalf of the company.