Trustedge Capital Limited reported a net profit of ₹45.32 lakhs for the quarter ended June 30, 2026 (Q1FY26), reversing a loss of ₹15.93 lakhs recorded in the same period of FY25. The company’s total revenue from operations jumped 248% year-on-year to ₹271.80 lakhs, led by a sharp rise in interest income. This performance signals improved operational efficiency and higher yield generation in its core finance business.

The Board of Directors approved the unaudited financial results at a meeting held on July 29, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, M/s Mahendra N. Shah & Co. Chartered Accountants (FRN: 105775W).

Financial Performance Highlights

Interest income, the primary revenue driver for the Non-Banking Financial Company (NBFC), rose to ₹241.47 lakhs in Q1FY26, compared to ₹55.84 lakhs in Q1FY25. Fee and commission income also increased to ₹21.47 lakhs from ₹11.50 lakhs in the prior year period. Net gain on fair value changes contributed ₹8.86 lakhs to the top line.

Total expenses stood at ₹213.80 lakhs, an increase from ₹98.75 lakhs in Q1FY25. Employee benefits expense was the largest cost component at ₹167.55 lakhs, up from ₹78.14 lakhs in the previous year. Finance costs rose to ₹29.31 lakhs from nil in the comparable period, while other expenses decreased to ₹12.69 lakhs from ₹20.56 lakhs.

What the Numbers Show

The company’s profitability recovery is heavily reliant on interest income growth, which outpaced the rise in operating expenses. While total expenses increased by approximately 116% year-on-year, revenue grew by 248%, resulting in a substantial expansion of pre-tax margins. The shift from a loss-making position to profitability indicates better asset utilization or higher lending rates, though the increase in finance costs suggests higher borrowing levels or rates may be impacting the cost of funds. Basic earnings per share (EPS) were ₹0.49, compared to a loss of ₹0.29 per share in Q1FY25.

Corporate Actions and Disclosures

During the previous fiscal year, Trustedge Capital allotted 33,74,428 fully paid-up equity shares on a rights basis at ₹80 per share, aggregating to ₹2,699.54 lakhs. The issue was made in the ratio of 49 rights equity shares for every 85 fully paid-up equity shares held as of the record date on October 1, 2025. Consequently, comparative EPS figures have been restated in accordance with Ind AS 33.

Additionally, the Nomination and Remuneration Committee approved the grant of 24,967 stock options to eligible employees under the "TEDGE ESOS 2025" scheme during its meeting on May 12, 2026. Each option is convertible into one equity share with a face value of ₹10. The diluted EPS calculation incorporates the impact of these outstanding employee stock options as per Ind AS 102.

Trustedge Capital Limited has appointed Shail Manoj Savla and Narayanan Sadanandan as Additional Directors to its board, effective July 7, 2026. The company also accepted the resignation of Mrs. Vidhi Shail Savla from the position of Director (Promoter, Non-Executive) due to paucity of time. These changes follow a board meeting and are subject to shareholder approvals.

Appointments and Resignations

The Board of Directors approved the appointment of Mr. Shail Manoj Savla (DIN: 08763064) as an Additional Director (Promoter, Non-Executive). He is the son of Mr. Manoj Shantilal Savla, the Managing Director of the company. His appointment is liable to retire by rotation and will be recommended to shareholders for approval at the ensuing Annual General Meeting.

Simultaneously, Mr. Narayanan Sadanandan (DIN: 07263104) was appointed as an Additional Director (Non-Executive and Independent Director). The board has recommended his appointment as an Independent Director for a term of five years, commencing July 7, 2026, until July 6, 2031. He is not liable to retire by rotation, subject to shareholder approval.

Mrs. Vidhi Shail Savla (DIN: 09107866) resigned from the office of Director (Promoter, Non-Executive) effective the close of business hours on July 7, 2026. She confirmed there were no material reasons for her resignation other than the stated paucity of time.

Director Profiles and Compliance

Mr. Shail Manoj Savla is a Mechanical Engineer and MBA from the USA with approximately 10 years of experience in project management and strategic planning. Mr. Narayanan Sadanandan brings over 40 years of experience in banking and financial services, having held senior leadership roles at the State Bank of India Group, including Managing Director & CEO of SBI Pension Funds Private Limited.

Both appointees have confirmed they are not disqualified from being appointed as directors under Section 164 of the Companies Act 2013. They have also declared that they are not debarred from holding the office of director by any SEBI order or other authority, as required under BSE circular no. LIST/COMP/14/2018-19 dated June 20, 2018.