Tashi India reported a standalone net profit of ₹57.01 lakh for the quarter ended June 30, 2026, marking a significant improvement from the ₹22.34 lakh profit recorded in the same quarter of the previous fiscal year. The company’s total income rose to ₹88.37 lakh, driven largely by other income which reached ₹57.40 lakh, compared to ₹22.42 lakh in Q1FY26. Revenue from operations remained modest at ₹30.97 lakh, up from ₹13.52 lakh year-on-year.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 4, 2026. The figures were reviewed by the statutory auditors, VMSS & Associates, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by the Institute of Chartered Accountants of India.

Financial Performance

Total expenses for the quarter were contained at ₹12.19 lakh, down significantly from ₹140.31 lakh in the preceding quarter (Q4FY26) and ₹6.09 lakh in Q1FY25. Finance costs amounted to ₹3.91 lakh, while employee benefit expenses stood at ₹5.59 lakh. Depreciation and amortisation expenses were minimal at ₹0.17 lakh. Other expenses were recorded at ₹2.52 lakh.

Earnings per share (basic and diluted) for the quarter stood at ₹10.27, compared to ₹10.66 in Q1FY26. The paid-up equity share capital remained unchanged at ₹74.25 lakh.

What the Numbers Show

The profitability surge in Q1FY27 is primarily attributable to non-operating gains rather than core business expansion. Other income contributed ₹57.40 lakh to the total income of ₹88.37 lakh, accounting for approximately 65% of the top line. In contrast, revenue from operations, which reflects the company’s primary financing activities, grew only moderately to ₹30.97 lakh. This divergence suggests that the bottom-line improvement was driven by one-off or investment-related income streams rather than operational scaling. Additionally, the absence of stock-in-trade purchases and inventory changes in the current quarter, compared to significant outflows in Q4FY26, helped compress total expenses to ₹12.19 lakh, further boosting margins.

Tashi India Limited convened its Board of Directors meeting on May 16, 2026, at 3:30 PM at its registered office in Nagpur, concluding at 4:00 PM. The board considered and approved the Standalone and Consolidated Audited Financial Results for the fourth quarter and financial year ended March 31, 2026, prepared in accordance with Indian Accounting Standards (IND AS). The results were accompanied by an Auditors' Report containing an Unmodified Opinion from VMSS & Associates, Chartered Accountants (Firm Registration No. 328952E), and a declaration from Director Rohit Bajaj (DIN: 00511745) confirming the unmodified opinion. The filing was made to BSE Limited in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

The standalone financial results reflect a mixed performance across the quarter and full year. The following table presents the key standalone financial metrics (all figures in ₹ Lakhs):

For the full year FY26, total income stood at ₹450.99 lakhs compared to ₹198.56 lakhs in FY25, driven by higher revenue from operations of ₹241.56 lakhs against ₹74.03 lakhs in the prior year. However, total expenses rose sharply to ₹292.95 lakhs from ₹48.51 lakhs, resulting in net profit after tax of ₹71.14 lakhs for FY26, compared to ₹173.42 lakhs in FY25. For Q4 FY26, the company reported a net loss after tax of ₹86.91 lakhs, against a net profit of ₹152.69 lakhs in Q4 FY25. The paid-up equity share capital remained unchanged at ₹74.25 lakhs (face value ₹10 each), while other equity stood at ₹1,652.87 lakhs as of March 31, 2026.

Consolidated Financial Performance

The consolidated results include the share of profit/(loss) of associate Rohit Techserve Limited. The key consolidated financial metrics are presented below (all figures in ₹ Lakhs):

On a consolidated basis, other equity stood at ₹1,742.24 lakhs as of March 31, 2026, compared to ₹1,743.00 lakhs in the prior year.

Standalone Balance Sheet Highlights

The standalone statement of assets and liabilities as at March 31, 2026, reflects notable changes in the company's financial position (all figures in ₹ Lakhs):

Consolidated Balance Sheet Highlights

The consolidated statement of assets and liabilities as at March 31, 2026, is summarised below (all figures in ₹ Lakhs):

Cash Flow Summary

The standalone cash flow statement for FY26 shows net cash from operating activities of ₹82.16 lakhs (FY25: ₹86.20 lakhs), while net cash used in investing activities was ₹533.15 lakhs (FY25: ₹130.29 lakhs), primarily on account of purchase/sale of shares and investments. Net cash from financing activities was ₹190.57 lakhs, reflecting proceeds from short/long-term borrowings. The net change in cash and cash equivalents stood at ₹(260.42) lakhs, with the closing balance at ₹129.73 lakhs against an opening balance of ₹390.15 lakhs. The consolidated cash flow statement reflects the same figures. The company noted that it is primarily engaged in the business of financing, and accordingly there are no separate reportable segments as per Ind AS 108.

Trading Window Closure

In line with SEBI (Prohibition of Insider Trading) Regulations, 2015, Tashi India Limited had previously communicated a Trading Window closure through its communication dated March 27, 2026. The Trading Window closure was effective from April 1, 2026, applicable to Designated/Connected Persons and their immediate relatives, and is set to end 48 hours after the declaration of financial results.