Apex Capital and Finance Limited reported a net profit of ₹135.69 lakh for the quarter ended June 30, 2026, representing a 74% year-on-year increase from ₹78.05 lakh in Q1FY26. Revenue from operations climbed 66% to ₹246.65 lakh, up from ₹148.60 lakh in the corresponding quarter of the previous fiscal year. The strong performance was supported by controlled expenditure, with total expenses rising only 48% to ₹65.31 lakh against ₹44.11 lakh in Q1FY26.

The Board of Directors approved the unaudited financial results on August 11, 2026. The figures were reviewed by the Audit Committee and subjected to a limited review by the Statutory Auditors, M/s Mahesh Kumar & Company, Chartered Accountants, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results have been published in Financial Express and Jansatta.

In addition to the financial outcomes, the Board addressed key governance appointments. It recommended the re-appointment of Sandeep Singh as a Director, who retires by rotation and has offered himself for re-appointment. Shareholder approval is required at the ensuing Annual General Meeting.

The Board also approved the appointment of M/s MANV & Associates, Chartered Accountants, Noida, as the new Statutory Auditors for a five-year term commencing from FY27 to FY31. This replaces M/s Mahesh Kumar & Company, whose tenure concludes at the upcoming AGM. M/s MANV & Associates, established in May 1987, specializes in tax advisory, audit, and risk advisory services.

Furthermore, the Board noted the resignation of M/s S. Behera & Co., Company Secretaries, effective August 6, 2026, due to pre-occupation and personal reasons. Consequently, it approved the appointment of M/s Dharamveer Dabodia & Associates, Company Secretaries, as the new Secretarial Auditors for the same five-year period (FY27–FY31), subject to shareholder approval.

What the Numbers Show

The significant divergence between revenue growth (66%) and expense growth (48%) highlights improved operational leverage for Apex Capital and Finance Limited. While employee costs increased by 16% to ₹35.73 lakh, other expenditures saw a sharper decline relative to the prior year's base, contributing to a pre-tax profit surge of 73% to ₹181.34 lakh. The company’s paid-up equity share capital also expanded to ₹1,352.00 lakh, up from ₹592.00 lakh in FY26, indicating recent capital raising activities that may support future financing operations.

| Particulars | Q1FY27 (₹ Lacs) | Q1FY26 (₹ Lacs) | Change | | ---: | :--- | :--- | :--- | | Revenue from operations | 246.65 | 148.60 | +66% | | Total Expenses | 65.31 | 44.11 | +48% | | Profit Before Tax | 181.34 | 104.82 | +73% | | Net Profit | 135.69 | 78.05 | +74% |

apex capital & finance has notified the BSE that M/s S. Behera & Co. has resigned from its role as secretarial auditor, effective August 06, 2026. The resignation, communicated via a letter dated August 06, 2026, was attributed to pre-occupation and personal reasons by Shesadev Behera, the proprietor of the firm. This change in statutory oversight requires the company to appoint a replacement to ensure continued compliance with corporate governance norms.

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to the Head – Listing Compliance at BSE Limited on August 07, 2026, by Shekhar Singh, Managing Director of Apex Capital and Finance Limited. The filing also included Annexure-I as mandated by SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Resignation Details

M/s S. Behera & Co., a firm of Practicing Company Secretaries based in New Delhi (CP No.: 5980), served as the secretarial auditor for the company. In its resignation letter addressed to the Board of Directors, the firm confirmed that there are no material reasons for the resignation other than those explicitly stated. Shesadev Behera further affirmed that no circumstances exist which materially affect the interest of stakeholders due to this resignation.

Compliance and Transition

The resignation was submitted in accordance with the applicable provisions of the Companies Act, 2013, and Regulation 24A of the SEBI Listing Regulations. S. Behera & Co. has conveyed no objection to the appointment of any other secretarial auditor as a replacement. The firm committed to extending reasonable assistance for an orderly transition and handing over all relevant records, papers, and documents relating to the audit assignment upon request.

All information and records made available during the engagement will remain confidential, subject to professional ethics requirements under the Company Secretaries Act, 1980, and the code of conduct issued by the Institute of Company Secretaries of India (ICSI).