Libord Finance Q1 Results: Net loss widens to ₹46.28 lakh, revenue falls 33%

2 min read     Updated on 14 Aug 2026, 04:52 PM
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Ashish TScanX News Team
AI Summary

Libord Finance Limited posted a Q1FY26 net loss of ₹46.28 lakh, widening from ₹2.62 lakh in Q4FY25, as revenue dropped 33% YoY to ₹24.85 lakh. Comprehensive income remained slightly positive at ₹0.18 lakh, offsetting the operational deficit.

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Libord Finance Limited reported a substantial deterioration in its financial performance for the first quarter of FY26, posting a standalone net loss of ₹46.28 lakh for the period ended June 30, 2026. This represents a sharp reversal from the relatively contained net loss of ₹2.62 lakh recorded in the immediately preceding quarter (Q4FY25) and contrasts with the net profit of ₹3.02 lakh achieved in the same quarter last year.

The company’s total income from operations fell to ₹24.85 lakh, down from ₹27.60 lakh in the previous quarter and significantly lower than the ₹36.97 lakh generated in Q1FY25. The decline in top-line revenue coincided with a widening pre-tax loss, which expanded to ₹46.05 lakh from a mere ₹2.35 lakh loss in Q4FY25.

Financial Performance Overview

The quarterly results highlight a challenging operational environment for the Mumbai-based finance firm. While the equity share capital remained stable at ₹1,570.00 lakh, the company’s reserves saw a marginal increase to ₹154.85 lakh from ₹154.67 lakh in the prior quarter. Consequently, the net worth stood at ₹1,724.85 lakh as on June 30, 2026, compared to ₹1,724.67 lakh at the end of March 2026.

Metric: Q1FY26 Q4FY25 Q1FY25
Total Income from Operations: ₹24.85 lakh ₹27.60 lakh ₹36.97 lakh
Net Profit / (Loss) Before Tax: (₹46.05 lakh) (₹2.35 lakh) ₹3.00 lakh
Net Profit / (Loss) After Tax: (₹46.28 lakh) (₹2.62 lakh) ₹3.02 lakh
Earnings Per Share (Basic): (₹0.29) (₹0.02) ₹0.02

The earnings per share (EPS) turned negative, recording a basic and diluted EPS of (₹0.29) per equity share of face value ₹10 each. This is a notable decline from the EPS of (₹0.02) in the previous quarter and the positive ₹0.02 reported in Q1FY25.

What the Numbers Show

A critical observation from the filing is the divergence between the company’s comprehensive income and its net loss. While the net loss widened to ₹46.28 lakh, the total comprehensive income for the period was marginally positive at ₹0.18 lakh. This suggests that non-operating items or other comprehensive income components offset the operational losses to a near-neutral level, preventing a further erosion of equity value in this specific metric. In contrast, the comprehensive income had stood at (₹26.46 lakh) in the previous quarter and was positive at ₹30.11 lakh in Q1FY25.

The results were reviewed by the statutory auditors for the current and comparative quarters, while the prior quarter’s figures were audited. The full format of the financial results has been filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Libord Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+8.62%+13.25%-1.31%-0.92%+5.24%+187.83%

What specific operational or market factors drove the sharp 33% year-over-year decline in Libord Finance's total income from operations?

How does the company plan to reverse the widening pre-tax loss trajectory in Q2FY26 given the current challenging operational environment?

What role did non-operating items play in generating a positive comprehensive income despite a significant net loss, and is this trend sustainable?

Libord Finance accepts Company Secretary resignation effective June 25

1 min read     Updated on 25 Jun 2026, 08:46 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Libord Finance Limited accepted the resignation of Ms. Mohini Devanand Bhavsar as Company Secretary and Compliance Officer effective June 25, 2026. The Board of Directors approved the resignation in a meeting held on the same day. The departure is due to personal reasons, and the company will undertake the required regulatory filings.

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Libord Finance Limited has accepted the resignation of Ms. Mohini Devanand Bhavsar from the position of Company Secretary and Compliance Officer, effective from the close of business hours on June 25, 2026. The decision was taken by the Board of Directors during a meeting held on June 25, 2026, following the receipt of her formal resignation letter dated June 17, 2026.

The resignation was attributed to personal reasons, as stated in the disclosure submitted to BSE Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that all necessary formalities, including filings with the Registrar of Companies and intimation to the stock exchanges, will be completed.

Key Details of Resignation

The following table outlines the specific details regarding the cessation of the officer's role:

Sr. No. Details of events Information
1. Reason for change Resignation due to personal reasons
2. Date of cessation June 25, 2026
3. Brief profile Not Applicable
4. Disclosure of Relationships Not Applicable

Ms. Bhavsar expressed her appreciation for the support received from the Board of Directors during her tenure. She requested that the Board relieve her of her duties effective June 25, 2026. The filing was signed by Dr. (Mrs.) Vandna Dangri, Managing Director of Libord Finance Limited.

Historical Stock Returns for Libord Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+8.62%+13.25%-1.31%-0.92%+5.24%+187.83%

Who will be appointed as the interim or permanent replacement for the Company Secretary and Compliance Officer?

How will this transition impact Libord Finance's pending regulatory filings and compliance deadlines?

What is the expected timeline for the Board to finalize the recruitment of a new compliance officer?

More News on Libord Finance

1 Year Returns:+5.24%