F Mec International Financial Services Limited reported a net profit of ₹315.93 lakh for the quarter ended June 30, 2026, a sharp increase from ₹32.83 lakh in the corresponding period of the previous year. Revenue from operations surged to ₹801.98 lakh, compared to ₹197.41 lakh in the year-ago quarter, primarily driven by a rise in interest income. The company's board approved the unaudited financial results for Q1FY27 during its meeting held on July 18, 2026.

Interest income for the quarter stood at ₹614.02 lakh, up from ₹152.00 lakh in the same period last year. Other operating income also increased to ₹187.96 lakh from ₹45.41 lakh. Total expenses for the quarter were ₹380.00 lakh, higher than the ₹153.72 lakh recorded in the previous year. The profit before tax for the period was ₹422.18 lakh, with a total tax expense of ₹106.25 lakh.

The board also took note of other disclosures required under the Integrated Filing (Financial) regulations and confirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated there were no outstanding defaults on loans and debt securities as of the quarter ended June 30, 2026.

In a significant corporate development, the company announced progress in its proposal to change its name to Dhviya Finance Limited. The shareholders had approved the change via a special resolution in December 2025, and the Reserve Bank of India (RBI) issued a no-objection letter on July 7, 2026. The Registrar of Companies confirmed the availability of the new name on July 9, 2026. The company has applied to BSE Limited for in-principle approval and completed necessary formalities on July 17, 2026.

The financial results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors. The earnings per share (EPS) for the quarter was reported at ₹0.6460 on a basic and diluted basis. The figures for previous periods have been restated to account for the sub-division of equity shares and the allotment of bonus shares.

Financial Performance Summary

F Mec International Financial Services Limited reported a net profit of ₹315.93 lakh for the quarter ended June 30, 2026, marking a substantial increase from ₹32.83 lakh in the corresponding period of the previous year. The strong performance was driven by a 306% surge in revenue from operations, which climbed to ₹801.98 lakh from ₹197.41 lakh in Q1FY25. Total income for the quarter stood at ₹802.18 lakh, compared to ₹197.59 lakh in the prior year.

The company’s profit before tax for the quarter was ₹422.18 lakh, a significant rise over the ₹43.88 lakh recorded in the same quarter last year. Interest income, a key operational metric, grew to ₹614.02 lakh from ₹152.00 lakh, while other operating income increased to ₹187.96 lakh from ₹45.41 lakh. Total expenses for the quarter were ₹380.00 lakh, up from ₹153.72 lakh in the previous year, primarily due to higher employee benefit expenses and other operational costs.

Financial Performance

The unaudited financial results, reviewed by the statutory auditor KSJ & Co., were approved by the Board of Directors at its meeting held on July 18, 2026. The earnings per share (EPS) for the quarter improved to ₹0.6460 on a basic and diluted basis, compared to ₹0.0671 in the same period last year. These figures have been restated to account for the recent subdivision of equity shares and the allotment of bonus shares.

Corporate Actions and Approvals

During the quarter, the Board approved the allotment of 5,00,000 Secured, Unrated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) of ₹100 each, aggregating to ₹5,00,00,000 on a private placement basis. Additionally, the company sub-divided its equity shares from a face value of ₹10 to ₹2 each and allotted 44,45,884 bonus equity shares in a 1:10 ratio.

The company is proceeding with a proposed name change to Dhviya Finance Limited. The Board and shareholders have approved the change, and the company has received a no-objection certificate from the Reserve Bank of India. The Registrar of Companies has confirmed the availability of the new name, and the company has completed necessary formalities with BSE Limited. Approval from the exchange is currently awaited.