Asit C Mehta narrows FY26 net loss to ₹16.01 crore

Asit C Mehta Financial Services reported a consolidated net loss of ₹160.11 lakh for the financial year ended March 31, 2026, an improvement from the net loss of ₹276.30 lakh recorded in the previous year. The company’s total income for FY26 stood at ₹6,588.94 lakh, down from ₹7,786.24 lakh in FY25, while total expenses decreased to ₹6,741.08 lakh from ₹8,060.56 lakh in the same period.

The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. The statutory auditors, Manek & Associates, issued an audit report with an unmodified opinion on the financial results for the financial year ended March 31, 2026.

On a standalone basis, the company reported a net loss of ₹265.41 lakh for FY26, compared to a net loss of ₹281.72 lakh in the previous year. Total standalone income for the year was ₹803.07 lakh, with total expenses reaching ₹1,067.94 lakh. For the quarter ended March 31, 2026, the standalone net loss was ₹131.39 lakh.

Consolidated Financial Performance

The consolidated financial results include the performance of subsidiaries, Asit C Mehta Investment Intermediaries Limited and Edgytal Fintech Investment Services Private Limited. The stock broking and allied services segment remained the primary revenue driver, contributing ₹5,762.19 lakh to the total income from operations of ₹6,123.00 lakh for the year.

The following table summarizes the key consolidated financial metrics for the year ended March 31, 2026:

Particulars	Year ended March 31, 2026 (₹ in Lakhs)	Year ended March 31, 2025 (₹ in Lakhs)
Total Income	6,588.94	7,786.24
Total Expenses	6,741.08	8,060.56
Profit/(Loss) Before Tax	(152.12)	(274.32)
Net Profit/(Loss) After Tax	(160.11)	(276.30)
Earnings Per Share (Basic)	(1.94)	(3.35)

Strategic Developments

The Board of Directors approved the sale of the Mutual Fund Business through a slump sale transaction to Wealth Company Private Limited on May 14, 2026, for a consideration of ₹659 Lakhs. The company stated that this strategic transaction is expected to strengthen the financial position and net worth of the material subsidiary, optimize capital allocation, and improve operational efficiency.

The auditors noted that the results for the quarter ended March 31, 2026, were derived as balancing figures between the audited annual figures and the published unaudited year-to-date figures for the first nine months of the financial year.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.59%	+0.17%	-0.88%	-12.95%	+7.21%	+29.35%

Asit C Mehta Financial Services Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, following the board meeting held on January 31, 2026. The company submitted its financial statements to BSE Limited under Regulation 33 of SEBI Listing Regulations, with independent auditor review reports from Manek & Associates.

Standalone Financial Performance

The company's standalone operations showed revenue from operations of ₹118.93 lakhs for Q3FY26, representing a significant improvement from ₹72.00 lakhs in the corresponding quarter of the previous year. However, the company reported a net loss after tax of ₹54.33 lakhs for the quarter.

Financial Metric:	Q3FY26	Q3FY25	Nine Months FY26	Nine Months FY25
Revenue from Operations:	₹118.93 lakhs	₹72.00 lakhs	₹364.49 lakhs	₹300.69 lakhs
Other Income:	₹71.27 lakhs	₹97.54 lakhs	₹263.37 lakhs	₹193.85 lakhs
Total Income:	₹190.20 lakhs	₹169.54 lakhs	₹627.86 lakhs	₹494.54 lakhs
Net Loss After Tax:	₹54.33 lakhs	₹70.03 lakhs	₹133.48 lakhs	₹178.04 lakhs
Basic EPS:	₹(0.66)	₹(0.85)	₹(1.62)	₹(2.16)

Consolidated Financial Results

On a consolidated basis, the company demonstrated stronger performance with revenue from operations reaching ₹1,358.34 lakhs in Q3FY26, though this was lower than ₹1,534.03 lakhs in Q3FY25. The consolidated entity reported a net loss after tax of ₹191.85 lakhs for the quarter.

Consolidated Metrics:	Q3FY26	Q3FY25	Nine Months FY26	Nine Months FY25
Revenue from Operations:	₹1,358.34 lakhs	₹1,534.03 lakhs	₹4,649.57 lakhs	₹4,310.75 lakhs
Total Income:	₹1,462.45 lakhs	₹1,665.69 lakhs	₹5,035.13 lakhs	₹4,721.08 lakhs
Net Loss After Tax:	₹191.85 lakhs	₹252.65 lakhs	₹275.04 lakhs	₹477.26 lakhs
Basic EPS:	₹(2.33)	₹(3.06)	₹(3.34)	₹(5.79)

Segment-wise Performance

The consolidated segment analysis revealed varied performance across business verticals. Stock Broking and Allied Services generated revenue of ₹1,257.88 lakhs in Q3FY26, while Investment Activities contributed ₹51.93 lakhs. Information Technology Enabled Services and Wealth Management segments contributed ₹23.08 lakhs and ₹25.45 lakhs respectively.

Regulatory Compliance and Governance

The board meeting commenced at 4:30 PM IST and concluded at 5:05 PM IST on January 31, 2026. The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with Chairman Ambareesh Bhaskar Baliga signing the statements. Company Secretary Ankit Kumar Jain handled the regulatory filings and compliance requirements.

Financial Structure and Capital

The company maintained its paid-up equity share capital at ₹824.60 lakhs with a face value of ₹10 per share. The results were prepared in accordance with Indian Accounting Standards (Ind AS 34) and comply with SEBI Listing Regulations. The company noted the implementation of New Labour Codes effective November 21, 2025, with no material impact on gratuity liability.