Brijlaxmi Leasing & Finance has fixed September 16, 2026, as the cut-off date for electronic voting ahead of its 35th Annual General Meeting (AGM). The company also announced that its Register of Members and Share Transfer Books will remain closed from September 17 to September 23, 2026, to determine eligibility for the meeting.

The AGM is scheduled for September 23, 2026, at 12:30 pm. The session will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), adhering to guidelines from the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Record Date and Register Closure

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the register closure period spans both days inclusive. This action is taken to establish the list of members entitled to attend and vote at the AGM.

Regulatory Framework

The disclosures were issued under Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management & Administration) Rules, 2014. The company also cited Regulation 44 of the SEBI LODR Regulations, 2015, regarding the e-voting process.

Key Dates

Siddharth Chaturvedi, Managing Director of Brijlaxmi Leasing, signed the disclosure on September 1, 2026.

Brijlaxmi Leasing & Finance reported a net profit of ₹15.39 lakh for the quarter ended June 30, 2026 (Q1FY27), a decline of 17.7% compared to ₹18.71 lakh in the corresponding period of FY26. The company’s total revenue from operations fell 10.5% year-on-year to ₹82.40 lakh, down from ₹56.49 lakh in Q1FY26. While interest income rose 45.1% to ₹81.77 lakh from ₹56.34 lakh, this growth was more than offset by a significant contraction in other revenue streams.

The Board of Directors approved the unaudited standalone financial results on August 12, 2026. The figures were reviewed by Maheshwari & Co., Chartered Accountants, Mumbai, who issued a limited review report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Interest income, the primary revenue driver, increased to ₹81.77 lakh from ₹56.34 lakh in the previous year’s quarter. However, fees and commission income dropped sharply to ₹0.60 lakh from ₹3.00 lakh in Q4FY26 and ₹0.15 lakh in Q1FY26. Other revenue from operations also contracted significantly to ₹0.03 lakh, compared to ₹4.57 lakh in the preceding quarter and nil in the same quarter last year.

Total expenses for the quarter stood at ₹61.52 lakh, down from ₹79.49 lakh in Q4FY26 but up from ₹32.50 lakh in Q1FY26. This increase was primarily driven by a surge in professional and legal fees, which rose to ₹17.70 lakh from ₹0.70 lakh in the prior year’s quarter. Employee benefit expenses also increased to ₹17.67 lakh from ₹9.93 lakh. Finance costs remained stable at ₹19.78 lakh.

Note: Revenue growth is driven by interest income; expense growth is driven by professional/legal fees.

What the Numbers Show

The divergence between revenue growth and profit decline highlights a cost structure pressure. While top-line revenue grew 45.9% year-on-year, total expenses surged 89.3% over the same period. Professional and legal fees alone accounted for nearly 29% of total expenses in Q1FY27, up from just 2.2% in Q1FY26. This disproportionate rise in operating costs eroded the benefit of higher interest income, leading to a lower net profit despite significantly higher revenue.

Auditor Emphasis of Matter

The independent auditor’s report included an emphasis of matter regarding two key issues:

• TDS Non-Compliance: The company has not complied with provisions relating to the deduction, deposit, and reporting of Tax Deducted at Source (TDS) as required under the Income-tax Act, 2025. The TDS balances and related statutory liabilities are subject to reconciliation, and consequential adjustments have not been fully determined or accounted for in the financial results.
• Unrecognized Interest Income: Interest income on loans advanced to certain parties has not been recognized because these borrowers are facing financial difficulties and are unable to pay interest. However, the company considers these loans to be fully recoverable.

The management stated it does not expect any material adjustment affecting the financial statements upon reconciliation of these items. The basic and diluted earnings per share (EPS) for the quarter were ₹0.24, down from ₹0.29 in Q1FY26.