Classic Leasing FY26 net profit rises 142% to ₹111.68 lakh
Classic Leasing & Finance Ltd reported a net profit of ₹111.68 lakh for FY26, a 142% increase from the previous year, driven by a rise in revenue from operations to ₹129.90 lakh. The board approved the audited results on May 27, 2026, while statutory auditors issued a qualified opinion due to unquantified investment fair values and an unprovided contingent liability of ₹316.31 crore. The company strengthened its capital base by issuing 92.5 lakh equity shares in January 2026, raising ₹1,063.75 lakh for working capital.

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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 board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. The company also decided to convene an Extra-Ordinary General Meeting on June 27, 2026, at its Registered Office.
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 |
|---|---|---|---|---|---|
| +4.98% | -13.14% | +2.97% | +0.85% | +62.87% | +195.94% |
How will the resolution of the ₹316.31 crore contingent liability regarding M/s Kohinoor Steel Private Limited impact the company's future financial stability?
What specific strategies will the company employ to utilize the ₹1,063.75 lakh raised from the preferential issue to sustain the current revenue growth trajectory?
Will the company be able to resolve the qualified audit opinion regarding investment valuation in the upcoming fiscal year?

































