Brijlaxmi Leasing and Finance Limited reported a net profit of ₹66.17 lakh for the financial year ended March 31, 2026, compared to ₹158.29 lakh in the previous year. Revenue from operations for the year stood at ₹283.56 lakh, a decrease from ₹634.40 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

The company recorded a profit before tax of ₹86.02 lakh for FY26, significantly lower than ₹213.98 lakh in the prior year. Total expenditure for the year decreased to ₹197.55 lakh from ₹420.42 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹2.74 lakh on revenue from operations of ₹86.43 lakh.

Key Financial Metrics (FY26)

Audit Qualifications

The statutory auditor, Maheshwari & Co., issued a qualified opinion on the financial results. Key qualifications include the non-compliance with Ind AS 19 regarding employee benefits and the non-recognition of interest income on outstanding loans and advances due to insufficient documentation. Additionally, balances in trade receivables, trade payables, and loans are subject to reconciliation.

Board Decisions

Based on the recommendation of the Audit Committee, the Board approved the re-appointment of Mr. Sunil Kumar Mundra as the Internal Auditor of the company for the financial year 2026-27. The trading window for dealing in the equity shares of the company, which was closed from April 01, 2026, will reopen 48 hours after the declaration of results.

Brijlaxmi Leasing And Finance Limited is not required to submit related party transactions disclosures for the financial year ended March 31, 2026, due to its capital and net worth falling within specified exemption limits. The company confirmed that its paid-up equity share capital does not exceed ₹10 crore and its net worth does not exceed ₹25 crore as on the last day of the previous financial year. Consequently, the provisions of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are not applicable to the entity.

The disclosure was submitted to BSE Limited on May 30, 2026, by Siddharth Chaturvedi, Managing Director and CFO. The company stated that its paid-up capital and net worth are well within the limits specified under Regulation 15(2) of the SEBI (LODR) Regulations, 2015. This compliance allows the listed entity to claim exemption from the applicability of corporate governance provisions specified in several regulations, including Regulations 17 to 27 and specific clauses of Regulation 46.

Regulatory Exemption Details

The exemption applies because the listed entity meets the criteria of having a paid-up equity share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore. This relaxation permits the company to avoid filing related party transaction disclosures as mandated under Regulation 23 of the SEBI (LODR) 2015 for the specified period.

The company has confirmed that no further action is required regarding the submission of these disclosures for the year ended March 31, 2026.