Mudra financial services Ltd has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 06, 2026, ensuring adherence to regulatory requirements for depositories and participants.

Regulatory Compliance Submission

The company filed the mandatory certificate through its Company Secretary and Compliance Officer, Kinjal Chirag Gandhi. The submission included a certificate dated April 02, 2026, issued by System Support Services, which serves as the company's Registrar and Transfer Agent (RTA).

RTA Confirmation Details

System Support Services, located at Andheri (East), Mumbai, issued the confirmation certificate referencing multiple regulatory circulars. The RTA confirmed compliance with dematerialization requirements during the quarter ended March 31, 2026.

The certificate confirms that:

• Securities received from depository participants for dematerialization were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization have been mutilated and cancelled after due verification
• Depository names have been substituted in the register of members as registered owners within 30 days

Regulatory Framework

The submission aligns with SEBI's regulatory framework governing depositories and participants. The certificate references specific circulars including NSDL/CIR/II/5/2019 dated January 25, 2019, CDSL/OPS/RTA/POLCY/2019/14 dated January 25, 2019, and SEBI letter ref no. MRD/DOPS/DSA2/OW/2019/2498/1 dated January 24, 2019.

Company Information

Mudra Financial Services Ltd operates from its registered office at Vaastu Darshan, Andheri (East), Mumbai. The company maintains its corporate relationship with BSE Limited at Pheeroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, ensuring timely compliance with all regulatory requirements.

Mudra Financial Services Limited has announced its unaudited financial results for the quarter ended December 31, 2025, revealing a challenging quarter with the company reporting a net loss despite increased revenue. The Mumbai-based financial services company's Board of Directors approved these results during their meeting held on January 28, 2026.

Financial Performance Overview

The company's financial performance showed mixed results for Q3FY26. While total income grew, increased expenses led to a loss for the quarter.

Revenue Analysis

Revenue from operations reached ₹25.87 lakhs in Q3FY26 compared to ₹21.87 lakhs in Q3FY25. The revenue composition included:

• Interest Income: ₹16.83 lakhs (down from ₹18.79 lakhs in Q2FY26)
• Fees and Commission Income: ₹3.15 lakhs
• Sale of Shares: ₹5.89 lakhs (significant increase from ₹2.18 lakhs in Q2FY26)
• Bad Debts Recovered: ₹5.00 lakhs was recorded in Q2FY26

Other income contributed ₹7.49 lakhs to the total income, compared to nil in the previous quarter.

Expense Structure and Challenges

The company faced significant expense pressures during the quarter:

Notably, the company recorded a positive adjustment of ₹0.45 lakhs in impairment on financial instruments, compared to an expense of ₹0.39 lakhs in Q3FY25.

Nine-Month Performance

For the nine months ended December 31, 2025, Mudra Financial Services maintained overall profitability:

• Total Income: ₹86.84 lakhs (compared to ₹87.40 lakhs in 9MFY25)
• Net Profit: ₹8.83 lakhs (significantly down from ₹39.73 lakhs in 9MFY25)
• Basic EPS: ₹0.18 (compared to ₹0.79 in 9MFY25)

Tax Position and Capital Structure

The company's tax expense for Q3FY26 was ₹0.60 lakhs, comprising current tax of ₹2.00 lakhs offset by deferred tax benefit of ₹1.40 lakhs. The paid-up equity share capital remained stable at ₹501.00 lakhs with a face value of ₹10.00 per share.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the statutory auditors Sampat & Mehta LLP. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As the company operates within a single business segment of financial services, segment reporting requirements under Ind AS 108 are not applicable.