Mehta Integrated Finance reported a standalone loss of ₹8.46 lakh for the first quarter of FY26 (ended June 30, 2026), a reversal from the profit of ₹0.54 lakh recorded in the fourth quarter of FY25. The company’s total income fell sharply to ₹6.61 lakh, down from ₹16.43 lakh in the prior quarter, while total expenses rose marginally to ₹15.07 lakh from ₹15.90 lakh.

The Board of Directors approved the unaudited financial results during a meeting held on August 14, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors Asim Ravindra & Associates.

Financial Performance Breakdown

The company generated no revenue from operations in the quarter. Total income was derived entirely from other sources, which saw a significant contraction compared to the previous quarter.

Income Components

Other income declined significantly to ₹6.61 lakh from ₹16.43 lakh in the previous quarter. This reduction was driven by lower interest income and miscellaneous gains, despite a rise in dividend income.

• Dividend Income: Increased to ₹6.15 lakh from ₹3.97 lakh.
• Interest Income: Dropped to ₹0.00 lakh from ₹4.62 lakh.
• Profit on Long Term Investment: Recorded at ₹0.47 lakh, up from nil.

Expense Structure

Total expenses stood at ₹15.07 lakh, an increase from ₹15.90 lakh in the prior quarter. Employee benefits remained the largest expense component, followed by other expenses including professional fees and annual fees.

• Employee Benefits: ₹6.13 lakh (down from ₹6.54 lakh).
• Other Expenses: ₹3.89 lakh (up from ₹2.33 lakh), largely due to annual fees of ₹3.84 lakh.
• Depreciation: ₹0.22 lakh (down from ₹0.28 lakh).

What the Numbers Show

The divergence between dividend income and interest income highlights a shift in the composition of other income. While dividend receipts rose to ₹6.15 lakh, interest income vanished entirely, falling from ₹4.62 lakh in Q4FY25. This structural change in income sources, combined with relatively fixed operating costs, contributed to the quarterly loss despite the increase in dividend inflows.

Auditor’s Report

Asim Ravindra & Associates, Chartered Accountants, issued their limited review report on August 14, 2026. The auditors stated that nothing came to their attention to cause them to believe that the statement of unaudited financial results did not disclose the information required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, or that it contained any material misstatement.

Mehta Integrated Finance reported a net profit of ₹8.95 lakh for the financial year ended March 31, 2026, a significant decrease from ₹41.35 lakh in the prior year. The company's total income for the year stood at ₹74.91 lakh, compared to ₹108.64 lakh in FY25. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 28, 2026. The company has published the audited financial results in newspapers, Free Press Journal (English Edition) and Lok Mitra (Gujarati Edition), as per Regulation 47 of the SEBI Listing Regulations.

The statutory auditors, M/s. Asim Ravindra & Associates, issued an unmodified opinion on the financial results. However, the auditors noted in their report that the audit trail feature in the accounting software was not activated during the year. The company stated that the feature has been acquired and will be operational from the financial year 2026-27.

Financial Performance

The company's revenue from operations was nil for both the quarter and the year ended March 31, 2026. Other income, which includes dividend and interest income, was the primary contributor to the total income. For the quarter ended March 31, 2026, the company reported a net profit of ₹0.54 lakh, compared to a loss of ₹14.04 lakh in the preceding quarter ended December 31, 2025.

Board Decisions and Appointments

On the recommendation of the Nomination and Remuneration Committee, the board re-appointed Mr. Vishwesh D. Mehta as Managing Director (Executive & Non-Independent Director) and Key Managerial Personnel. His tenure is for three years, commencing from June 01, 2026, to May 31, 2029, subject to shareholder approval. The company confirmed that Mr. Mehta has not been debarred from holding the office of Managing Director by any SEBI order or other authority.

The board also approved the re-appointment of M/s. Trivedi Parikh & Shah, Chartered Accountants, as Internal Auditors for the financial year 2026-27, based on the Audit Committee's recommendation. The meeting commenced at 11:30 AM and concluded at 1:15 PM on May 28, 2026.