Mehta Securities reported a standalone loss of ₹0.95 lakh for the first quarter of FY27 (ended June 30, 2026), reversing the profit of ₹3.64 lakh recorded in the preceding quarter. The company logged zero revenue from operations for the third consecutive quarter, with total income standing at ₹8.42 lakh.

The Board of Directors approved the unaudited financial results in its meeting held on August 13, 2026. Asim Ravindra & Associates, the statutory auditors, issued a limited review report on the statements.

Financial Performance

The company’s total income declined slightly from ₹8.65 lakh in Q4FY26 to ₹8.42 lakh in Q1FY27. This income was generated entirely from 'Other Income,' as revenue from operations remained at nil. Key components of other income included dividend receipts of ₹8.15 lakh and interest income of ₹0.27 lakh.

Total expenses increased significantly to ₹9.37 lakh from ₹4.73 lakh in the previous quarter. This rise was driven by higher employee benefits expense (₹3.53 lakh vs ₹3.15 lakh) and a spike in professional and consulting expenses (₹3.84 lakh vs ₹0.06 lakh). Depreciation expenses decreased to ₹0.21 lakh from ₹0.37 lakh.

What the Numbers Show

The financial data highlights a complete reliance on non-operational income streams. With revenue from operations at zero for three consecutive quarters (Q3FY26, Q4FY26, and Q1FY27), dividend income constituted approximately 97% of total income in Q1FY27. This structural dependency means the company's profitability is currently decoupled from its core business activities, making it highly sensitive to external dividend flows rather than operational performance.

The widening loss compared to the prior quarter was largely attributable to a one-time increase in professional and consulting expenses, which jumped from negligible levels in Q4FY26 to ₹3.84 lakh in Q1FY27. Employee benefits remained relatively stable, indicating that fixed cost pressures are manageable, but variable professional costs impacted the bottom line this quarter.

Balance Sheet and Capital Structure

Paid-up equity share capital remained unchanged at ₹308.94 lakh. The company did not declare any dividend for the quarter. Basic earnings per share stood at a loss of ₹0.03, compared to earnings of ₹0.12 in the preceding quarter and a loss of ₹0.21 in the corresponding period last year.

Mehta Securities Ltd accepted the resignation of Mahesh K. Moteevaras from the position of Company Secretary and Compliance Officer, effective July 1, 2026. The resignation was submitted via an email letter dated July 1, 2026, and Moteevaras was relieved from his duties at the close of business hours on the same day. He is leaving the organization to pursue better career opportunities outside the company.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resignation pertains to a Key Managerial Personnel (KMP) role. The filing included reference to SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

mehta securities stated that it is in the process of identifying and hiring a suitable candidate to fill the vacancy. The stock exchanges will be informed once the new appointment is finalized. The resignation letter was signed by Bhavna D. Mehta, Chairperson & Managing Director.

The following table details the event information as per the regulatory disclosure: