Tirupati Fin-Lease reports Q1FY26 net profit of ₹52.19 lakhs

1 min read     Updated on 12 Jul 2026, 10:52 AM
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Tirupati Fin-Lease reported a net profit of ₹52.19 lakhs for the quarter ended June 30, 2026, driven by total revenue from operations of ₹42.89 lakhs. The board approved the unaudited financial results and appointed an internal auditor for FY 2026-27. The 33rd AGM is scheduled for August 08, 2026, with book closure from August 02 to August 08, 2026.

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Tirupati Fin-Lease reported a net profit after tax of ₹52.19 lakhs for the quarter ended June 30, 2026. The company posted a basic earnings per share of ₹1.74 for the period. The Board of Directors approved the unaudited financial results along with the Limited Review Report for Q1FY26 during a meeting held on July 11, 2026.

The financial performance was driven by total revenue from operations of ₹42.89 lakhs, which included a net gain on fair value changes of ₹21.71 lakhs. Total income for the quarter stood at ₹72.10 lakhs against total expenses of ₹19.91 lakhs. The company reported a profit before tax of ₹52.19 lakhs, with no tax expense recorded for the quarter.

A D A & Associates, Chartered Accountants, provided the Independent Auditor's Review Report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The review confirmed that nothing came to their notice that would suggest the financial statements contained material misstatements.

The board appointed an internal auditor for the financial year 2026-27. Furthermore, the directors approved the notice for the 33rd Annual General Meeting (AGM), along with the Director's Report, Management Discussion and Analysis Report, and Corporate Governance Certificate for the Financial Year 2025-26.

The 33rd AGM is scheduled for August 08, 2026, at 02:30 P.M. at the company's registered office. The book closure dates for the AGM are set from August 02, 2026, to August 08, 2026 (both days inclusive). Purva Sharegistry (India) Pvt Ltd was appointed to handle the E-voting process, commencing on August 05, 2026, and concluding on August 07, 2026.

Key Financial Metrics

Metric Amount (₹ in Lakhs)
Net Profit 52.19
Total Revenue from Operations 42.89
Total Income 72.10
Total Expenses 19.91
Basic EPS ₹1.74

Historical Stock Returns for Tirupati Fin-Lease

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How sustainable is the net gain on fair value changes in driving future revenue?

What strategic initiatives will the new internal auditor prioritize for FY26-27?

Will the company maintain its zero-tax expense status in subsequent quarters?

Tirupati Finlease FY26 Net Profit Falls, Auditor Appointed

1 min read     Updated on 23 May 2026, 03:40 PM
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Tirupati Fin-Lease Ltd announced its audited financial results for FY26, reporting a net profit of Rs 48.35 lakh, a decline from the previous year's Rs 66.30 lakh. Revenue from operations increased to Rs 179.27 lakh. The company recorded a net loss of Rs 39.06 lakh for the quarter ended March 31, 2026. Additionally, the Board appointed M/s A D A & Associates as the new statutory auditors following the resignation of M/s S T A P & Co.

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Tirupati Fin-Lease Ltd has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 23, 2026. The company reported a net profit of Rs 48.35 lakh for the full year, a decrease from Rs 66.30 lakh in the previous fiscal year. For the quarter ended March 31, 2026, the company recorded a net loss of Rs 39.06 lakh compared to a net profit of Rs 22.48 lakh in the preceding quarter ended December 31, 2025.

Financial Performance

Total revenue from operations for the year stood at Rs 179.27 lakh, up from Rs 136.02 lakh in the prior year. The company’s total assets increased to Rs 1669.41 lakh as of March 31, 2026, compared to Rs 1158.60 lakh a year earlier. The paid-up equity share capital remained constant at Rs 300.42 lakh, while the net worth was reported at approximately Rs 5.95 crore.

Metric FY 2025-26 (Rs in Lakh) FY 2024-25 (Rs in Lakh)
Total Revenue from Operations 179.27 136.02
Net Profit for the Year 48.35 66.30
Total Assets 1669.41 1158.60
Net Worth 595.33 546.98

Auditor Changes

The Board accepted the resignation of M/s S T A P & Co., Chartered Accountants, as Statutory Auditors effective from the close of business on May 23, 2026, due to other professional commitments. To fill the casual vacancy, the Board appointed M/s A D A & Associates, Chartered Accountants (FRN: 135831W), as the new statutory auditors for the financial year 2026-27. This appointment is subject to the approval of shareholders at the upcoming General Meeting.

Regulatory Compliance

The company confirmed that it does not fall under the category of large corporates as its paid-up share capital does not exceed Rs 10 crore and net worth does not exceed Rs 25 crore. Consequently, certain corporate governance regulations do not apply to the entity. The audited financial results have been submitted to the Bombay Stock Exchange.

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Will the sudden auditor resignation and replacement raise concerns among shareholders about financial transparency, potentially affecting the stock's credibility at the upcoming General Meeting?

Given the sharp Q4 net loss of Rs 39.06 lakh despite full-year revenue growth, what operational or provisioning challenges could continue to pressure Tirupati Fin-Lease's profitability in FY 2026-27?

With total assets growing nearly 44% year-over-year to Rs 1669.41 lakh, how is the company financing this expansion and could rising leverage pose risks to its financial stability?

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