Photon Capital Advisors Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹88.88 lakh. This marks a significant turnaround from the net loss of ₹50.64 lakh recorded in the previous year. The company’s total income for FY26 rose to ₹172.64 lakh, driven by revenue from operations of ₹144 lakh and interest income of ₹28.46 lakh.

The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 29, 2026. M. Anandam & Co., Chartered Accountants, issued an unmodified opinion on the financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors confirmed that the results give a true and fair view in conformity with the applicable accounting standards.

For the quarter ended March 31, 2026, the company reported a profit of ₹120.19 lakh, compared to a loss of ₹31.43 lakh in the corresponding period of the previous year. Revenue from operations for the quarter was ₹144 lakh, while total income stood at ₹157.37 lakh. Total expenses for the quarter increased to ₹17.92 lakh from ₹12.75 lakh in the same period last year, primarily due to higher employee benefit expenses and other expenses.

The statement of assets and liabilities as of March 31, 2026, shows total assets of ₹2,780.11 lakh, a substantial increase from ₹728.85 lakh in the previous year. This growth was largely driven by an increase in bank balances other than cash and cash equivalents, which stood at ₹1,960.18 lakh, and loans amounting to ₹650 lakh. Equity share capital increased to ₹272.07 lakh from ₹151.37 lakh, following the issuance of shares and share warrants during the year.

The cash flow statement indicates a net increase in cash and cash equivalents of ₹9.31 lakh during the year. Cash generated from operations was negative at ₹60.96 lakh, while financing activities provided a net cash inflow of ₹1,957.01 lakh, largely from proceeds of ₹1,388.05 lakh from the issue of shares and ₹572.13 lakh from share warrants. Investing activities resulted in a net cash outflow of ₹1,886.73 lakh, mainly due to an increase in fixed deposits and loans to corporate entities.

Financial Results for FY26

Key Metrics

Sreedhar Babu Kanuri has resigned as the Chief Financial Officer of Photon Capital Advisors Ltd effective June 30, 2026, following recent changes in the control of the company. The Board of Directors accepted the resignation, which was tendered due to the incoming leadership's shift. Kanuri assured the company of full cooperation during the transition period to ensure a smooth handover of responsibilities.

The disclosure was made under Regulation 30 read with Schedule III – Para A of Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates detailed reporting regarding key managerial personnel changes. The company also referenced the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its filing to the exchange.

Key Details of Resignation

The following table outlines the specific particulars regarding the cessation of the CFO's role:

In his resignation letter, Kanuri expressed gratitude to the Board, management, and colleagues for their support during his tenure. He stated that he could no longer continue in his role due to the altered control structure of the entity. The company has not yet announced a successor for the position.