Motor & General Finance profit surges on property sale gains

Motor & General Finance Limited reported a standalone net profit of ₹1,435.13 crore for the year ended March 31, 2026, a significant increase from ₹1.19 crore in the previous year, driven by exceptional gains from the sale of investment property. The company's board approved the standalone and consolidated audited financial results for the fourth quarter and fiscal year ended March 31, 2026, at a meeting held on May 28, 2026. The statutory auditors, M/s Jagdish Chand & Co, issued an unmodified opinion on the financial results. The results were published in The Financial Express and Jansata on May 29, 2026, under Regulation 47 of the SEBI (LODR) Regulations, 2015.

Standalone Financial Performance

The company recorded a total income of ₹96.98 crore for the year ended March 31, 2026, slightly lower than ₹99.27 crore in the previous year. Total expenses for the period stood at ₹102.07 crore, up from ₹87.42 crore in FY25. The financial performance was bolstered by exceptional items, which included a net gain of ₹1,575.82 crore recognized during the year. This gain primarily resulted from the sale of one property classified under investment property, which yielded a net gain of ₹1,600.72 crore before tax, partially offset by a loss of ₹24.89 crore on the sale of equity shares of its associate company, Jayabharat Credit Limited.

Particulars	Year Ended 31-03-2026 (₹ in Lakhs)	Year Ended 31-03-2025 (₹ in Lakhs)
Total Income	9,697.77	9,927.40
Total Expenses	10,207.30	8,741.90
Profit Before Tax	15,707.26	118.55
Net Profit	14,351.26	118.55
Earnings Per Share (Basic) (₹)	37.06	0.31

Operational Highlights and Exceptional Items

The company's primary business segment is the lease, renting, and sale of immovable property. During the quarter ended September 30, 2025, the company sold quoted investments in equity shares of Jayabharat Credit Limited based on an independent valuer's report, as prevailing quoted market prices were higher but the shares were thinly traded. This transaction resulted in a loss of ₹24.89 crore, which was reclassified to exceptional items. Consequently, Jayabharat Credit Limited ceased to be an associate company from September 18, 2025. Additionally, other income for the year included ₹4.20 crore received as enhancement compensation.

Consolidated Results and Assets

On a consolidated basis, the company reported a net profit of ₹1,467.84 crore for the year ended March 31, 2026, compared to ₹7.97 crore in the previous year. Total consolidated income was ₹96.98 crore, while total expenses stood at ₹99.75 crore. The consolidated results include the financials of associate companies India Lease Development Limited and Jayabharat Credit Limited (until September 18, 2025). The total assets as of March 31, 2026, stood at ₹3,066.64 crore, a substantial increase from ₹1,728.97 crore in the previous year, largely due to the increase in cash and cash equivalents following the property sale.

Particulars	As at 31-03-2026 (₹ in Lakhs)	As at 31-03-2025 (₹ in Lakhs)
Total Assets	30,666.42	17,289.71
Total Equity	22,233.34	7,571.81
Total Liabilities	8,433.08	9,717.90

Auditor and Regulatory Compliance

M/s Jagdish Chand & Co, Chartered Accountants, the statutory auditors, provided an independent auditor's report confirming that the standalone and consolidated financial results give a true and fair view in conformity with applicable accounting standards. The report included an emphasis of matter regarding the sale of quoted investments in the associate company based on an independent valuation. The financial results were prepared in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015, and will be available on the company's website and the stock exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-8.10%	-7.25%	+0.28%	-13.26%	-11.45%	+23.45%

Motor & General Finance has informed the stock exchanges of an upcoming Board of Directors meeting scheduled for Thursday, May 28, 2026. The intimation, issued on May 6, 2026, has been filed in compliance with Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to deliberate on several key corporate and financial matters. The following items are on the agenda:

Agenda Item:	Details
Financial Results:	Standalone and Consolidated Audited Financial Results for Q4 and year ended March 31, 2026
Financial Statements:	Cash Flow Statement and Statement of Assets & Liabilities under IND-AS Rules
Auditor's Report:	Financial year report for associate company India Lease Development Limited
Audit Qualification:	Statement/Declaration on audit qualification with modified/unmodified opinion, as per applicability
Related Party Transactions:	Statement under Regulation 23(9) of SEBI (LODR) Regulations, 2015
Other Business:	Any other item with permission of the Chair

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in the securities of the company was closed from Wednesday, April 1, 2026. The Trading Window will re-open 48 hours after the financial results are disclosed to the stock exchanges, as previously communicated vide letter No. DLI:CS:BSE:NSE:2026 dated March 23, 2026.

Separate Meeting for Other Matters

Motor & General Finance has also noted that other corporate matters — including the Notice for Annual General Meeting (AGM) and the Director's Report — will be addressed in a separate Board of Directors meeting, which will be convened at a later date. The stock exchanges will be informed accordingly when that meeting is scheduled.

The intimation has been signed by M.K. Madan, Vice President, Company Secretary, and Compliance Officer of Motor & General Finance, and submitted to both BSE Limited and the National Stock Exchange of India Ltd.