Easy Fincorp Reports Widening Net Loss of Rs. 17.67 Lakhs in FY26; Publishes Results Under Regulation 47

Easy Fincorp Limited, a Kolkata-based financial services company, announced its audited financial results for the fourth quarter and financial year ended 31st March, 2026, at a Board of Directors meeting held on 18th May, 2026. The results were reviewed by the Audit Committee and approved by the Board on the same date, accompanied by an unmodified audit opinion from statutory auditors M/s. Ray & Ray, Chartered Accountants, Kolkata. The financial results were signed by Mr. Atul Lakhotia, Director (DIN: 00442901), who was authorised by the Board for this purpose. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published an extract of its audited financial results in the Financial Express (English edition) and Duranta Barta (Bengali edition) on 19th May, 2026.

Financial Performance: FY26 vs FY25

The company's total income for FY26 stood at Rs. 9.56 lakhs, a marginal decline from Rs. 9.66 lakhs in FY25, with all income comprising other income. Total expenses, however, rose to Rs. 31.18 lakhs in FY26 from Rs. 27.35 lakhs in FY25, driven primarily by higher employee benefits expense and finance costs, widening the pre-tax loss. The following table summarises the key income statement metrics:

Metric:	FY26 (Audited)	FY25 (Audited)
Other Income (Rs. Lakhs):	9.56	9.66
Total Income (Rs. Lakhs):	9.56	9.66
Employee Benefits Expense (Rs. Lakhs):	6.51	4.73
Finance Costs (Rs. Lakhs):	15.69	14.55
Listing Fees (Rs. Lakhs):	3.25	3.25
Professional Fees (Rs. Lakhs):	1.59	1.59
Fine on Late Filings (Rs. Lakhs):	1.13	-
Other Expenses (Rs. Lakhs):	3.01	3.23
Total Expenses (Rs. Lakhs):	31.18	27.35
Loss Before Tax (Rs. Lakhs):	(21.62)	(17.69)
Total Tax Expense (Rs. Lakhs):	(3.95)	(6.93)
Net Loss After Tax (Rs. Lakhs):	(17.67)	(10.76)
Total Comprehensive Loss (Rs. Lakhs):	(256.40)	755.46

Quarterly Performance: Q4 FY26

For the quarter ended 31st March, 2026, the company reported total income of Rs. 2.40 lakhs and total expenses of Rs. 9.04 lakhs, resulting in a net loss after tax of Rs. 5.65 lakhs. This compares to a net loss of Rs. 4.06 lakhs in Q3 FY26 (quarter ended 31st December, 2025) and Rs. 3.84 lakhs in Q4 FY25.

Metric:	Q4 FY26 (Audited)	Q3 FY26 (Unaudited)	Q4 FY25 (Audited)
Total Income (Rs. Lakhs):	2.40	2.39	2.43
Total Expenses (Rs. Lakhs):	9.04	7.43	7.19
Loss Before Tax (Rs. Lakhs):	(6.64)	(5.04)	(4.76)
Net Loss After Tax (Rs. Lakhs):	(5.65)	(4.06)	(3.84)
Total Comprehensive Loss (Rs. Lakhs):	(69.85)	(4.06)	(472.02)

Other Comprehensive Income and Balance Sheet

The total other comprehensive loss for FY26 amounted to Rs. 238.73 lakhs, primarily on account of a loss on fair valuation of investments of Rs. 278.56 lakhs (net of tax of Rs. 39.83 lakhs). This compares to a total other comprehensive income of Rs. 766.22 lakhs in FY25, which included a gain on fair valuation of investments of Rs. 663.61 lakhs. As at 31st March, 2026, total assets stood at Rs. 2,855.00 lakhs, down from Rs. 3,138.52 lakhs as at 31st March, 2025. Non-current investments declined to Rs. 2,708.70 lakhs from Rs. 2,987.24 lakhs. Total equity attributable to equity holders stood at Rs. 2,188.78 lakhs, compared to Rs. 2,445.18 lakhs in the previous year.

Balance Sheet Item:	31-03-2026 (Rs. Lakhs)	31-03-2025 (Rs. Lakhs)
Investments (Non-current):	2,708.70	2,987.24
Total Non-current Assets:	2,708.70	2,987.24
Total Current Assets:	146.30	151.28
Total Assets:	2,855.00	3,138.52
Equity Share Capital:	24.50	24.50
Other Equity:	2,164.28	2,420.68
Total Equity:	2,188.78	2,445.18
Non-current Borrowings:	211.87	196.17
Total Liabilities:	666.22	693.34
Total Equity and Liabilities:	2,855.00	3,138.52

Cash Flow Statement

The company's audited cash flow statement for FY26 reflects net cash used in operating activities of Rs. 14.58 lakhs, compared to Rs. 8.34 lakhs in FY25. Net cash from investing activities stood at Rs. 15.06 lakhs in FY26, against Rs. 8.62 lakhs in FY25, primarily driven by interest income and maturity of fixed deposits. There were no financing activities during either year. As a result, cash and cash equivalents increased by Rs. 0.48 lakhs during FY26, closing at Rs. 1.53 lakhs as at 31st March, 2026, compared to Rs. 1.05 lakhs at the start of the year.

Cash Flow Item:	FY26 (Rs. Lakhs)	FY25 (Rs. Lakhs)
Net Loss Before Tax:	(21.62)	(17.69)
Operating Profit Before Working Capital Changes:	(15.44)	(12.76)
Net Cash from/(used in) Operating Activities:	(14.58)	(8.34)
Net Cash from/(used in) Investing Activities:	15.06	8.62
Net Cash from/(used in) Financing Activities:	-	-
Net Increase in Cash and Cash Equivalents:	0.48	0.28
Closing Cash and Cash Equivalents:	1.53	1.05

Earnings Per Share and Key Notes

Basic and diluted earnings per share (face value of Rs. 10/- each) for FY26 stood at Rs. (7.21), compared to Rs. (4.39) in FY25. For Q4 FY26, basic and diluted EPS was Rs. (2.31). The company operates in a single reportable segment and has therefore not provided segment disclosures as required under Ind AS 108.

Notably, the company received a communication from BSE Limited dated 23rd April, 2026 regarding the imposition of fines for alleged non-compliances under Regulations 29, 31, 33, and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertaining to historical periods covering the quarters from December 2014 to November 2020. The company has undertaken a detailed review of its records and applied for waiver of some of the fines on 27th April, 2026. A contingent liability of Rs. 4,22,322 has been disclosed in respect of this matter (previous year: Nil). A fine on late filings of Rs. 1.13 lakhs has also been recognised in the current year's expenses.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	+272.39%

Easy Fincorp Limited has informed the stock exchanges that its Board of Directors, at a meeting held on 18th May, 2026, approved the re-appointment of its Internal Auditor and Secretarial Auditor for Financial Year 2026-2027. The disclosure was made pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

Auditor Re-appointment Details

The following table summarises the key details of both re-appointments as disclosed by the company:

Parameter:	Internal Auditor	Secretarial Auditor
Firm Name:	M/s. Tarmaster & Co., Chartered Accountants	M/s. K. Arun & Co., Company Secretaries
Reason for Change:	Re-appointment	Re-appointment
Date of Re-appointment:	18th May, 2026	18th May, 2026
Term of Re-appointment:	Financial Year 2026-2027	Financial Year 2026-2027

Profile of Internal Auditor

M/s. Tarmaster & Co., Chartered Accountants, is a partnership firm established on 16th July 1973, registered with The Institute of Chartered Accountants of India (ICAI) under Firm Registration Number (FRN) 302016E. The firm has experience in performing Bank Audits, Internal and Statutory Audits, consultancy, taxation, and ROC-related matters for private and public limited companies.

Profile of Secretarial Auditor

M/s. K. Arun & Co. is a Corporate Management Consultancy firm established in 1995. The firm provides professional services across a wide range of areas, including:

Corporate Laws and Secretarial Compliance
Corporate Governance and Corporate Restructuring
Taxation, Finance, and Accounting
SEBI Regulations, FEMA, and NCLT matters
Insolvency and Bankruptcy Code
GST, Due Diligence, and Listing Compliances

The intimation was signed by Director Atul Lakhotia (DIN: 00442901) on behalf of Easy Fincorp Limited and submitted to the Listing Compliance Department of BSE Limited. The company is headquartered at Duncan House, 4th floor, 31-Netaji Subhas Road, Kolkata-700 001.