Crest Ventures reported a significant decline in profitability for the quarter ended June 30, 2026, driven by sharp contractions in both revenue and operating margins across its standalone and consolidated entities.

The company's standalone net profit for the quarter fell 84% year-on-year (YoY) to ₹3.5 crore, down from ₹22.1 crore in the corresponding period of FY26. This decline followed a sequential drop from the previous quarter's net profit of ₹6.5 crore. On a consolidated basis, net profit decreased 68% YoY to ₹11.5 crore, compared to ₹25.7 crore in Q1FY26.

Revenue figures mirrored this downward trajectory. Standalone total income from operations contracted 61% YoY to ₹19.2 crore, down from ₹49.1 crore in the prior year. Consolidated total income from operations also saw a substantial decline of 52% YoY, falling to ₹30.3 crore from ₹63.1 crore in the same period last year.

Financial Performance Overview

The following table highlights the key financial metrics for the quarter ended June 30, 2026, compared to the previous year and quarter:

What the Numbers Show

The divergence between the standalone and consolidated results highlights the performance disparity within the group structure. While the standalone entity reported a net profit margin of approximately 18.5% on reduced revenues, the consolidated entity maintained a higher net profit margin of roughly 38%. This suggests that the group's subsidiaries or associates contributed disproportionately to the overall profitability relative to their revenue share, or that the standalone entity faced higher specific cost pressures during the quarter.

Earnings Per Share

Basic earnings per share (EPS) for the standalone entity stood at ₹1.25, a significant drop from ₹7.84 in the previous year. The diluted EPS was identical at ₹1.25. On a consolidated basis, basic EPS was ₹4.01, down from ₹8.93 in Q1FY26.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on August 13, 2026. The full format of the quarterly financial results is available on the company’s website and the stock exchange portals.

Crest Ventures Limited has officially issued the notice for its 44th Annual General Meeting (AGM), scheduled to be held on Saturday, August 22, 2026, at 11:00 a.m. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company simultaneously released its Annual Report for FY26, which highlights a consolidated balance sheet growth of 35% to ₹1,925 crores and a final dividend recommendation of ₹1 per equity share. This update serves as a critical compliance measure under SEBI Listing Regulations, ensuring all shareholders, particularly those without registered email addresses, are aware of how to access meeting materials and exercise their voting rights.

AGM Logistics and Shareholder Communication

Pursuant to Regulation 30 read with Regulation 36(1)(b) of the SEBI Listing Regulations, Crest Ventures Limited dispatched physical letters to members whose email addresses are not registered with the company, its Registrar and Share Transfer Agent (RTA), Depository Participants (DPs), or the Depositories. These letters provide the web-link and exact path to access the AGM notice and the Annual Report for FY26 on the company’s website.

For shareholders who have registered email addresses, the notice and annual report were sent electronically in accordance with Regulation 36(1). The key dates for the AGM are as follows:

Financial Highlights and Dividend

The Board of Directors, at its meeting held on May 22, 2026, recommended a final dividend of ₹1 per fully paid-up equity share on 28,449,775 equity shares of ₹10 each for FY26. Payment is expected on or after August 22, 2026, subject to shareholder approval. The company’s standalone revenue from operations stood at ₹11,653.20 lakhs in FY26, down from ₹16,410.31 lakhs in FY25, while consolidated revenue was ₹15,914.16 lakhs compared to ₹20,428.60 lakhs previously. Despite the revenue decline, attributed to fair value adjustments in the investment portfolio, cash and cash equivalents more than doubled to ₹129 crores.

Shareholder Compliance and Record Updates

In compliance with SEBI Circular SEBI/ HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, the company reminded investors of a one-year special window from February 05, 2026, to February 04, 2027. This window allows eligible members to re-lodge physical share transfer deeds originally submitted before April 01, 2019, but rejected due to deficiencies. Members holding shares in physical mode are urged to register or update their email addresses, communication addresses, bank details, and nomination details by contacting the RTA at investor.helpdesk@in.mpms.mufg.com . Demat holders should coordinate with their respective DPs to ensure accurate records for future communications.

Corporate Governance and Ratings

The AGM agenda includes the adoption of audited financial statements for FY26, declaration of the final dividend, re-appointment of Ms. Sheetal Kapadia as Director, and approval of material related party transactions. CARE Ratings Limited reaffirmed the company’s issuer rating as CARE BBB with a stable outlook. The company’s total Capital Adequacy Ratio stood at 64.40% as of March 31, 2026, significantly above the regulatory minimum of 15%. The Board has also approved a Scheme of Arrangement for the demerger of the Financial Services Business into Crest Capital and Investment Limited, pending requisite approvals.