Ganges Securities Limited reported a decline in profitability for the first quarter of FY26, with standalone net profit falling to ₹8.08 lakh from ₹12.89 lakh in the corresponding period of FY25. The company’s total income from operations remained largely stable at ₹56.67 lakh, compared to ₹55.72 lakh in Q1FY25.

On a consolidated basis, net profit after tax stood at ₹122.27 lakh, down from ₹103.18 lakh year-on-year. Consolidated revenue from operations was ₹770.45 lakh, up slightly from ₹635.63 lakh in the prior year period.

Financial Highlights

The company disclosed no extraordinary or exceptional items for the period. Basic and diluted earnings per share (EPS) were ₹0.08 for the standalone segment, down from ₹0.13 in Q1FY25. Consolidated EPS stood at ₹1.22, compared to ₹1.03 previously.

What the Numbers Show

A notable divergence exists between the standalone and consolidated performance metrics. While standalone operations recorded a significant profit contraction of 37%, the consolidated entity saw a 20% increase in net profit. This suggests that subsidiaries or associates contributed positively to the group’s overall bottom line, offsetting the weaker performance of the parent company’s core operations.

Total comprehensive income for the standalone entity was ₹6,040.41 lakh, a substantial figure driven by other comprehensive income items, contrasting sharply with the modest operating profit. This indicates that non-operating factors, such as revaluation gains or actuarial adjustments, played a major role in the reported comprehensive income, rather than core business activities.

The results were filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited financial results are available on the stock exchange websites and the company’s website.

Ganges Securities Limited shareholders approved the adoption of its standalone and consolidated audited financial statements for FY26 and reappointed Ms. Nandini Nopany as a Director during its 12th Annual General Meeting (AGM) held on August 11, 2026. The resolutions passed with overwhelming support, reflecting strong shareholder alignment on the company’s governance and financial reporting for the year ended March 31, 2026.

The meeting, conducted via video conference and other audio-visual means (VC/OAVM), saw a total of 5,647 equity shareholders as of the cut-off date of August 04, 2026. Voting participation was significant, with 74.24% of outstanding shares polled for the financial statements resolution and 73.56% for the director reappointment. The proceedings were scrutinized by Mr. Mohan Ram Goenka, Company Secretary in Practice, who confirmed compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI Listing Regulations.

Voting Results

Shareholders cast their votes through remote e-voting from August 07, 2026, to August 10, 2026, and during the AGM. The detailed voting breakdown is as follows:

The promoter group, holding 6,666,035 shares, voted in favor of both resolutions. Public non-institutional shareholders also showed strong support, with 99.99% backing the financial statements and 98.55% supporting the director’s reappointment.

Governance and Compliance

Mr. Brij Mohan Agarwal, Director, chaired the meeting. Key attendees included Ms. Nandini Nopany, Chairperson; Mr. Arun Kumar Newar, Independent Director; and Ms. Urvi Mittal, Managing Director. Statutory Auditors M/s J K V S & Co., represented by Mr. Harshit Jain, were present. The Statutory Auditor’s Report and Secretarial Audit Report contained no qualifications, observations, or adverse remarks for FY26.

The AGM commenced at 11:00 a.m. IST and concluded at 11:40 a.m. IST. Live webcasting was facilitated on the NSDL website. Consolidated voting results were disseminated to BSE Limited and National Stock Exchange of India Limited within two working days, as required under Regulation 44(3) of the SEBI Listing Regulations.