Nahar Capital & Financial Services , a Ludhiana-based Non-Banking Financial Company (NBFC) and part of the OWM Nahar Group, has reported its unaudited standalone and consolidated financial results for the quarter ended 30th June, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 5th August, 2026, and have been subjected to a Limited Review by the Statutory Auditors of the Company.

Standalone Financial Performance

On a standalone basis, the company recorded total income from operations (net) of ₹1,844.95 lakhs for the quarter ended 30th June, 2026, compared to ₹1,480.65 lakhs in the corresponding quarter of the previous year and ₹492.75 lakhs in the immediately preceding quarter ended 31st March, 2026. Net profit before tax stood at ₹1,454.77 lakhs, while net profit after tax came in at ₹1,381.97 lakhs for the quarter under review.

The following table presents the key standalone financial metrics:

The standalone total comprehensive income for the quarter stood at ₹6,044.02 lakhs, a significant improvement compared to a loss of ₹(6,042.09) lakhs in the preceding quarter ended 31st March, 2026, and ₹4,936.83 lakhs in the year-ago quarter. Basic and diluted earnings per share (face value of ₹5/- each) were reported at ₹8.25 for the quarter, compared to ₹5.05 in the same quarter of the previous year.

Consolidated Financial Performance

On a consolidated basis, total income from operations (net) was ₹1,844.95 lakhs for the quarter ended 30th June, 2026, in line with the standalone figure. Net profit before tax on a consolidated basis was ₹5,050.11 lakhs, while net profit after tax rose to ₹6,743.87 lakhs, compared to ₹1,148.12 lakhs in the year-ago quarter. Total comprehensive income on a consolidated basis reached ₹14,142.71 lakhs for the quarter.

Consolidated basic and diluted earnings per share (face value of ₹5/- each) were reported at ₹40.27 for the quarter ended 30th June, 2026, compared to ₹6.86 in the corresponding quarter of the previous year and ₹10.86 in the preceding quarter ended 31st March, 2026.

Regulatory Compliance and Disclosures

The financial results have been filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the standalone and consolidated unaudited financial results for the quarter ended 30th June, 2026 is available on the Stock Exchange websites and on the Company's website. The results were signed off by Chairman Jawahar Lal Oswal (DIN: 00463866) from Ludhiana.

Nahar Capital & Financial Services has secured Board approval for the re-appointment of its key leadership personnel, ensuring continuity in governance and strategic direction. The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Dinesh Oswal as Managing Director for a further period of five consecutive years. Additionally, the Board approved the re-appointment of Dr. Yash Paul Sachdeva and Dr. Rajan Dhir as Independent Directors for a second term of five consecutive years. These appointments are subject to the approval of shareholders at the company's ensuing Annual General Meeting.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Company Secretary, Anjali Modgil (M. No. F9650), signed the communication on August 5, 2026.

Leadership Re-appointments

Dinesh Oswal’s tenure as Managing Director will commence on January 1, 2027, and extend until December 31, 2031. Oswal, aged 61, is a commerce graduate with over 41 years of experience in the textile industry and financial expertise. He has been involved in the operations of Nahar Capital since its inception and is responsible for strategic decision-making, business development, and overall governance. The filing notes his financial acumen and expertise in capital markets. Oswal is the son of Jawahar Lal Oswal, Director/Chairman of the company, and the brother of Kamal Oswal, a Director.

Dr. Yash Paul Sachdeva and Dr. Rajan Dhir will begin their second terms as Independent Directors on August 24, 2027, running until August 23, 2032. Dr. Sachdeva, 64, holds an MBA with a specialization in Financial Management and a Ph.D. in Capital Markets and Investment Management. He retired as Professor in the Business Administration Department of Punjab Agriculture University, Ludhiana, and brings over 30 years of experience in business management and administration. His specializations include accounting, financial management, security analysis, portfolio management, and management control systems.

Dr. Rajan Dhir, 68, holds an M.Sc., MBA, NPTEL Marketing certification, and a Ph.D. in Management. He possesses more than 39 years of experience in business management and administration and has authored various research papers predominantly on corporate governance.

Compliance and Eligibility

The filing confirms that none of the appointees are debarred from holding office as a director by virtue of any SEBI order or other authority. All three directors have submitted declarations stating they are not disqualified from holding office pursuant to Section 164 of the Companies Act, 2013. No relationships were disclosed between Dr. Sachdeva or Dr. Dhir and other directors, aside from the familial relationship noted for Mr. Oswal.

Appointment Details

Governance Implications

The re-appointment of long-serving leadership figures signals stability in Nahar Capital’s corporate structure. Dinesh Oswal’s continued role as Managing Director ensures that strategic oversight remains with an executive who has been present since the company’s inception. The retention of Dr. Sachdeva and Dr. Dhir reinforces the independent oversight function, bringing deep academic and practical expertise in finance and corporate governance to the Board. Shareholders will vote on these resolutions at the upcoming Annual General Meeting.