BFL Asset Finvest posts net loss of ₹557.66 crore for FY26

1 min read     Updated on 22 May 2026, 12:38 PM
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BFL Asset Finvest Limited reported a net loss of ₹557.66 crore for the financial year ended March 31, 2026, against a net profit of ₹123.62 crore in the previous year. Revenue from operations decreased to ₹1,982.15 crore from ₹2,101.82 crore. The fourth quarter saw a net loss of ₹835.89 crore with negative revenue of ₹(12.94) crore.

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BFL Asset Finvest Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The company posted a net loss of ₹557.66 crore for the full financial year, a significant decline from the net profit of ₹123.62 crore recorded in the previous year. Revenue from operations for FY26 decreased to ₹1,982.15 crore from ₹2,101.82 crore in the preceding year.

Financial Performance Overview

The performance for the fourth quarter of FY26 reflected a wider net loss of ₹835.89 crore. In comparison, the net loss for the same quarter in the previous year was ₹293.16 crore. Revenue from operations for the quarter ended March 31, 2026, was negative at ₹(12.94) crore, a sharp drop from ₹423.14 crore in the corresponding period of the previous year.

Key Financial Metrics

The board of directors approved the audited financial results during a meeting held on May 21, 2026. The statutory auditors issued an unmodified opinion on the results. The company's total expenses for the year increased to ₹2,420.89 crore from ₹1,976.78 crore in the prior year.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 1,982.15 2,101.82
Total Income 1,861.04 2,141.98
Total Expenses 2,420.89 1,976.78
Net Profit/(Loss) for the period (557.66) 123.62

Corporate Governance Updates

Alongside the financial results, the board approved the re-appointment of M/s. Shiv Shankar Khandelwal & Co., Chartered Accountants, as the Internal Auditors for the financial year 2026-2027. The trading window for designated persons and their relatives will open 48 hours after the declaration of the unaudited financial results.

Historical Stock Returns for BFL Asset Finvest

1 Day5 Days1 Month6 Months1 Year5 Years
-6.76%-11.16%-15.94%-29.77%-38.76%-91.40%

What specific restructuring or turnaround strategies is BFL Asset Finvest's management planning to implement to return to profitability in FY27?

How might the significant year-over-year deterioration in BFL Asset Finvest's financials impact its credit ratings and ability to raise capital in the near term?

What are the primary drivers behind the sharp increase in total expenses from ₹1,976.78 crore to ₹2,420.89 crore, and are these cost pressures expected to persist into FY27?

BFL Asset Finvest re-appoints Internal Auditor for FY 2026-27

1 min read     Updated on 21 May 2026, 06:41 PM
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BFL Asset Finvest Limited has re-appointed M/s. Shiv Shankar Khandelwal & Co. as its Internal Auditor for the financial year 2026-2027. The appointment was approved by the Board of Directors on May 21, 2026. The firm, based in Jaipur, will serve for a tenure of one year.

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BFL Asset Finvest Limited has approved the re-appointment of M/s. Shiv Shankar Khandelwal & Co. as its Internal Auditor for the financial year 2026-2027. The decision was taken during a meeting of the Board of Directors held on May 21, 2026, at the company's registered office in Jaipur.

The re-appointment is effective for a period of one year, covering the financial year 2026-2027. M/s. Shiv Shankar Khandelwal & Co. is a firm of Chartered Accountants based in Jaipur, holding Firm Registration Number (FRN) 006852C.

Details of the Appointment

The board approved the re-appointment pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm specializes in audit and assurance, direct and indirect tax, business advisory, accounting, and regulatory compliances.

Particulars Details
Reason for Change Re-appointment of Internal Auditor
Date of Appointment May 21, 2026
Terms of Appointment 1 year (Financial Year 2026-2027)
Inter se relationship between directors NA
Firm Profile M/s. Shiv Shankar Khandelwal & Co. (FRN: 006852C)

The firm has been conducting the internal audit of the company and provides tax consultancy services, including statutory audits for public and private limited companies. The information regarding the re-appointment has been disclosed to the stock exchanges and will be available on the company's website.

Historical Stock Returns for BFL Asset Finvest

1 Day5 Days1 Month6 Months1 Year5 Years
-6.76%-11.16%-15.94%-29.77%-38.76%-91.40%

How has M/s. Shiv Shankar Khandelwal & Co.'s internal audit performance impacted BFL Asset Finvest Limited's financial compliance record over previous years?

Will BFL Asset Finvest Limited consider expanding its auditor roster or rotating firms in future financial years to strengthen governance practices?

How might SEBI's evolving regulatory requirements under Listing Obligations and Disclosure Requirements affect BFL Asset Finvest Limited's internal audit scope for FY 2026-2027?

More News on BFL Asset Finvest

1 Year Returns:-38.76%