Glance Finance reported a 41.2% decline in net profit to ₹492.42 crore for the financial year ended March 31, 2026, down from ₹837.96 crore in the previous year. The company's total income decreased by 18.5% to ₹2,585.36 crore for FY26, compared to ₹3,170.37 crore in FY25, driven largely by a reduction in net gains on fair value changes and other operating income.

For the quarter ended March 31, 2026, the company posted a net loss of ₹383.70 crore, a significant widening from the net loss of ₹143.46 crore recorded in the same quarter of the previous year. Total income for the quarter stood at ₹34.99 crore, sharply lower than the ₹57.24 crore reported in Q4FY25. The statutory auditors, M/s. J M T & Associates, issued an unmodified opinion on the audited financial statements.

Financial Performance

The decline in annual profitability was attributed to a substantial drop in net gain on fair value changes, which fell to ₹422.97 crore in FY26 from ₹625.78 crore in the prior year. Additionally, other operating income decreased to ₹634.25 crore from ₹878.31 crore. However, income from the sale of traded goods improved to ₹1,176.89 crore from ₹1,348.66 crore, while interest income rose to ₹128.56 crore from ₹47.74 crore.

Total expenses for the year reduced to ₹1,959.68 crore from ₹2,161.45 crore in the previous year, aided by lower depreciation and amortisation expenses, which stood at ₹488.63 crore compared to ₹635.31 crore. Finance costs also decreased to ₹31.08 crore from ₹53.92 crore.

Segmental Performance

The Lending & Investment Division reported a segment profit before tax of ₹565.81 crore for the year, down from ₹680.52 crore in FY25. The Non Strategic Business Division also saw a decline in profit before tax to ₹254.33 crore from ₹489.08 crore in the previous year. Total assets as of March 31, 2026, stood at ₹5,440.35 crore, an increase from ₹5,327.39 crore in the prior year, driven largely by growth in financial assets.

Corporate Governance

The Board of Directors, at their meeting held on May 30, 2026, approved the audited financial results and re-appointed M/s. M. R. Sharma & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27. The company noted that prior period errors relating to the classification of investments were identified and corrected, resulting in the restatement of certain financial results for earlier periods. The extract of these audited financial results was published in Financial Express and Pratahkal on May 31, 2026.

Glance Finance Limited has announced that its board of directors will meet on Saturday, May 30, 2026, at the registered office of the company. The primary agenda for the meeting is to consider and approve the audited financial statements for the quarter and year ended March 31, 2026, along with the Auditors Report. The board will also consider any other business with the permission of the chair.

Trading Window Closure

In accordance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has stated that the trading window will remain closed. This closure period is effective from April 1, 2026, to June 1, 2026, which is 48 hours after the announcement of the financial results to the stock exchanges. Both dates are inclusive.

Meeting Details

The meeting is convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was addressed to The BSE Limited to inform the exchange of the upcoming board proceedings.