Typhoon Financial Services Limited reported a net profit of ₹15.1 lakh for the quarter ended June 30, 2026, marking a 21% increase from the ₹19.2 lakh recorded in the same period of FY25. Despite the profit growth, total revenue from operations contracted by 21% to ₹8.2 lakh, down from ₹10.35 lakh in Q1FY25.

The company’s Board of Directors approved the unaudited financial results during a meeting held on August 12, 2026. The results were reviewed by Virendra Surana & Co., Chartered Accountants, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations, comprising entirely of interest income, stood at ₹8.2 lakh, compared to ₹10.35 lakh in the prior-year quarter and ₹10.2 lakh in the preceding quarter (Q4FY26). Other income was nil for the current quarter, whereas it contributed ₹17,000 in Q4FY26.

Total expenses decreased to ₹6.18 lakh from ₹7.75 lakh in Q1FY25. Key expense components included:

• Employee benefits expense: ₹3.55 lakh (down from ₹3.87 lakh YoY)
• Fees and commission expenses: ₹2.03 lakh (down from ₹3.50 lakh YoY)
• Other expenses: ₹60,000 (up from ₹38,000 YoY)

Profit before tax was ₹2.02 lakh, against ₹2.60 lakh in the corresponding quarter of the previous year. Tax expense amounted to ₹5.1 lakh, resulting in the final net profit figure.

What the Numbers Show

The divergence between revenue decline and profit growth indicates significant cost efficiency. While revenue fell 21%, total expenses contracted by approximately 20%, driven largely by lower fees and commission expenses (₹2.03 lakh vs ₹3.50 lakh) and reduced employee benefits costs. This suggests that operating leverage or fixed-cost absorption may have supported profitability despite lower top-line inflows.

Balance Sheet and Debt Position

Typhoon Financial Services disclosed zero financial indebtedness as on the reporting date. The company reported:

The company confirmed no outstanding defaults on loans or debt securities. Paid-up equity capital remained unchanged at ₹300.06 crore. Earnings per share were ₹0.05, compared to ₹0.06 in Q1FY25 and ₹0.04 in Q4FY26.

Typhoon Financial Services has scheduled its 36th Annual General Meeting (AGM) for September 23, 2026, and appointed M/s. Kashyap R. Mehta & Partners as its Secretarial Auditors for a five-year term. The Board of Directors approved these decisions during a meeting held on July 29, 2026, which commenced at 2:00 p.m. and concluded at 3:15 p.m. The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing shareholders to participate remotely in compliance with Ministry of Corporate Affairs (MCA) relaxations.

The virtual format aligns with General Circular No. 03/2025 dated September 22, 2025, read with Para 3 and Para 4 of General Circular No. 20/2020 dated May 5, 2020. These provisions permit listed entities to conduct general meetings virtually, adhering to the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders can vote electronically via 'Remote e-voting' or during the AGM itself.

Key Dates for Shareholders

Remote e-voting begins on September 20, 2026, at 9:00 a.m. and ends on September 22, 2026, at 5:00 p.m. The cut-off date for determining voting rights is September 16, 2026. During the AGM, the e-voting system will remain open for only 15 minutes after the meeting's conclusion, requiring timely action from attendees who choose not to vote remotely.

Auditor Appointment Details

The Board approved the appointment of M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries, based on the recommendation of the Audit Committee. This appointment is subject to final approval by members at the ensuing 36th AGM. The firm holds FRN P2025GJ106000 and Peer Reviewed Certificate No. 6827/2025. The engagement covers a term of five consecutive financial years, from FY27 to FY31, pursuant to Section 204 of the Companies Act, 2013 and Regulation 24A of the SEBI (LODR) Regulations, 2015.

Based in Ahmedabad, Gujarat, M/s. Kashyap R. Mehta & Partners delivers integrated legal and advisory services in Corporate and Allied Laws, Capital Markets, and Corporate Governance. Yash K. Mehta, the Managing Partner, brings over 15 years of post-qualification experience and has headed the private practice since its founding in 2015. The disclosure regarding this appointment was made in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015.