Classic Leasing FY26 net profit rises 142% to ₹111.68 lakh

1 min read Updated on 28 May 2026, 04:37 PM

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Riya DScanX News Team

AI Summary

Classic Leasing & Finance Ltd reported a net profit of ₹111.68 lakh for FY26, a 142% increase from the previous year, with revenue from operations rising to ₹129.90 lakh. The company published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on May 28, 2026. The statutory auditors issued a qualified opinion due to the inability to quantify the fair value of investments and a contingent liability of ₹316.31 crore.

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Classic Leasing & Finance Ltd reported a net profit of ₹111.68 lakh for the financial year ended March 31, 2026, marking a 142% increase from ₹46.17 lakh in the previous year. Revenue from operations for FY26 rose to ₹129.90 lakh from ₹68.68 lakh in FY25. The company published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on May 28, 2026, under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹45.83 lakh, compared to ₹8.29 lakh in the corresponding period of the previous year. Total income for the quarter stood at ₹57.32 lakh. The statutory auditors, M/s Agarwal Khetan & Co., Chartered Accountants, issued an audit report with a qualified opinion. The qualification was based on the company's inability to quantify the fair value of investments due to a lack of relevant information from the investee company and the absence of provision for a contingent liability of ₹316.31 crore regarding a corporate guarantee for M/s Kohinoor Steel Private Limited, which is under the Corporate Insolvency Resolution Process (CIRP).

The company's equity share capital increased to ₹1,225.02 lakh as of March 31, 2026, from ₹300.02 lakh in the previous year, following a preferential issue of 92.5 lakh equity shares at a premium of ₹1.5 per share on January 11, 2026. The proceeds of ₹1,063.75 lakh were utilized for funding working capital requirements.

Key Financials (₹ in Lakhs)	FY26	FY25
Total Revenue from Operations	129.90	68.68
Net Profit	111.68	46.17
Total Equity	757.15	(418.28)
Earnings Per Share (Basic)	2.22	1.54

The trading window for dealing in the company's securities remains closed for designated persons and their immediate relatives until 48 hours after the declaration of the audited financial results. The intimation was submitted to BSE Limited and Calcutta Stock Exchange Limited.

Historical Stock Returns for Classic Leasing & Finance

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+7.95%	+11.76%	+35.71%	+122.66%	+432.71%

How will the company address the contingent liability of ₹316.31 crore if the Corporate Insolvency Resolution Process for M/s Kohinoor Steel Private Limited fails?

What steps is management taking to obtain the necessary information from the investee company to resolve the qualified audit opinion regarding investment valuation?

With the significant increase in equity capital, what are the company's strategic plans for future growth beyond meeting current working capital needs?

Regulatory Filing Details

The company submitted the compliance certificate to stock exchanges on April 14, 2026, through Company Secretary and Compliance Officer Joyjit Das. The filing was directed to both BSE Limited and The Calcutta Stock Exchange Limited, where the company's shares are listed.

Parameter:	Details
Filing Date:	April 14, 2026
Quarter Covered:	Q4FY26 (ended March 31, 2026)
BSE Scrip Code:	540481
CSE Scrip Code:	13099
ISIN Number:	INE949C01016

Registrar Confirmation

R&D Infotech Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 07, 2026. The registrar confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The certificate validates that security certificates received for dematerialization were appropriately confirmed or rejected, with physical certificates being mutilated and cancelled after due verification. The registrar also confirmed that depository names were substituted in the register of members as registered owners according to regulatory requirements.

Depository Communications

R&D Infotech Private Limited separately communicated with both major depositories - Central Depository Services (India) Limited and National Securities Depository Limited. These communications certified that details of securities dematerialized and rematerialized during the quarter were furnished to all stock exchanges where the company's shares are listed.

Compliance Framework

The filing under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 represents a mandatory quarterly requirement for listed companies. This regulation ensures transparency in the dematerialization process and maintains accurate records of securities transactions between physical and electronic formats.

The comprehensive documentation submitted by Classic Leasing & Finance Ltd demonstrates the company's commitment to regulatory compliance and proper governance of its securities handling processes.

Historical Stock Returns for Classic Leasing & Finance

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+7.95%	+11.76%	+35.71%	+122.66%	+432.71%

How might Classic Leasing & Finance's consistent regulatory compliance impact investor confidence and its stock performance on BSE and CSE?

What trends in dematerialization activity could indicate changes in retail versus institutional investor interest in Classic Leasing & Finance shares?

Will SEBI introduce any new compliance requirements for depositories and participants that could affect Classic Leasing & Finance's reporting obligations in FY27?