Neil Industries Limited reported a net profit of ₹4.14 crore for the quarter ended June 30, 2026, representing a 26.2% increase compared to ₹3.28 crore in the corresponding quarter of the previous year. The non-banking financial company's total income for the period stood at ₹10.03 crore, driven primarily by interest income, which improved from ₹9.61 crore in the year-ago quarter.

The Board of Directors approved the unaudited financial results for Q1FY26 at a meeting held on July 15, 2026. The results were reviewed by the company's Audit Committee and subsequently approved by the board. M/s. R P Khandelwal & Associates, Jaipur, the statutory auditors, conducted a limited review of the results.

Total expenses for the quarter increased to ₹4.50 crore from ₹5.23 crore in the same period last year. Finance costs were recorded at ₹1.41 crore, while depreciation and amortization expenses stood at ₹0.96 crore. The company reported earnings per share (EPS) of ₹0.21 on a basic and diluted basis for the quarter, up from ₹0.17 in the corresponding quarter of the previous year.

Financial Performance Summary

The company stated that the financial results were prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. As a non-banking financial company, Neil Industries noted that there are no separate reportable segments as per Ind AS 108 on operating segments.

Neil Industries Limited reported a net profit of ₹148.39 lakh for the financial year ended March 31, 2026, representing a 25% increase from ₹118.74 lakh in the previous year. The non-banking financial company (NBFC) recorded revenue from operations of ₹395.42 lakh for FY26, compared to ₹307.20 lakh in FY25, driven primarily by interest income. The Board of Directors approved the audited financial results during its meeting held on May 25, 2026.

For the quarter ended March 31, 2026, the company posted a net profit of ₹31.58 lakh, a slight decline from ₹35.14 lakh in the preceding quarter ended December 31, 2025. Total revenue for Q4FY26 stood at ₹99.39 lakh, marginally lower than ₹100.08 lakh in the previous quarter. The company's total assets as of March 31, 2026, were reported at ₹6596.78 lakh, while total equity stood at ₹6006.89 lakh.

The Board took on record the Independent Auditor's Report from M/s. R P Khandelwal & Associates, Jaipur, which issued an unmodified opinion on the audited financial results. The report confirms that the results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provide a true and fair view in conformity with Indian Accounting Standards (Ind AS).

In addition to the financial results, the Board approved an increase in the remuneration of the Chief Financial Officer and the Company Secretary/Compliance Officer, effective June 1, 2026, based on the recommendations of the Nomination and Remuneration Committee. The company also confirmed that it received and resolved one investor complaint during the half-year ended March 31, 2026, with no complaints pending at the end of the period.

Financial Performance Summary