U.Y. Fincorp profit rises 312% led by interest income growth

1 min read     Updated on 30 May 2026, 08:56 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

U.Y. Fincorp Limited reported a 312% rise in net profit to ₹4,827.99 lakh for FY26, driven by a 45.5% increase in revenue to ₹16,164.13 lakh. Interest income grew significantly to ₹8,461.29 lakh, while total expenses rose to ₹5,697.66 lakh. For the quarter ended March 31, 2026, net profit stood at ₹1,743.81 lakh. Statutory auditors B. Nath & Co issued an unmodified opinion, noting an impairment of ₹900 lakh on investments in an associate company.

powered bylight_fuzz_icon
41000467

*this image is generated using AI for illustrative purposes only.

U.Y. Fincorp Limited reported a 312% rise in net profit to ₹4,827.99 lakh for the financial year ended March 31, 2026, compared to ₹1,172.73 lakh in the previous year. Revenue from operations increased 45.5% to ₹16,164.13 lakh from ₹11,104.61 lakh in FY25, driven primarily by growth in interest income. The board approved the audited standalone financial results on May 27, 2026.

Financial Performance

The company’s total income for FY26 stood at ₹16,289.92 lakh, up from ₹11,299.42 lakh in the preceding year. Interest income increased significantly to ₹8,461.29 lakh from ₹2,322.46 lakh, while the sale of shares contributed ₹5,428.44 lakh. Total expenses for the year were ₹5,697.66 lakh, compared to ₹289.47 lakh in FY25.

For the quarter ended March 31, 2026, net profit was ₹1,743.81 lakh, compared to ₹109.13 lakh in the same period last year. Revenue from operations for the quarter stood at ₹7,039.45 lakh.

Metric FY26 (₹ in lakh) FY25 (₹ in lakh) Change
Net Profit 4,827.99 1,172.73 +312%
Total Revenue 16,164.13 11,104.61 +45.5%
Total Expenses 5,697.66 289.47 +1868%
Basic EPS 2.54 0.62 +309%

Auditor's Report and Key Disclosures

Statutory auditors B. Nath & Co issued an unmodified opinion on the standalone financial results. However, the auditors drew attention to an impairment of ₹900 lakh on investments in associate company M/s Purple Advertising Services Private Limited, which has gone into liquidation. Consequently, the results of the associate have not been consolidated.

The board noted the conversion of 2,500 Zero Rated Optionally Convertible Debentures of Brima Sagar Maharashtra Distilleries Limited. Of these, 1,500 debentures worth ₹15 crore were converted into equity shares, while the remaining 1,000 debentures worth ₹10 crore were converted into an unsecured loan bearing 9% interest, repayable by March 31, 2027.

Historical Stock Returns for UY Fincorp

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%-1.10%-0.28%-0.48%-21.16%-58.39%

How will the 1868% surge in total expenses impact the company's operating margins in the next fiscal year?

What is the strategic plan to recover or mitigate the ₹900 lakh impairment loss from the liquidated associate company?

Will the company continue to rely heavily on one-time gains from share sales to sustain revenue growth in FY27?

U.Y. Fincorp re-appoints R. K. Lodha & Associates for FY 2026-27

1 min read     Updated on 28 May 2026, 07:27 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

U.Y. Fincorp Limited has re-appointed M/s R. K. Lodha & Associates as its internal auditor for the financial year 2026-27, following board approval on May 27, 2026. The firm, registered under number 316194E, brings over four decades of experience and a PAN India presence to the role. The disclosure complies with Regulation 30 of the SEBI Listing Regulations.

powered bylight_fuzz_icon
41445902

*this image is generated using AI for illustrative purposes only.

U.Y. Fincorp Limited has re-appointed M/s R. K. Lodha & Associates as its internal auditor for the financial year 2026-27. The decision was approved by the board during a meeting held on May 27, 2026, based on the recommendation of the audit committee. The re-appointment ensures continuity in the company's internal audit processes for the upcoming fiscal year.

M/s R. K. Lodha & Associates is a chartered accountants firm with a firm registration number of 316194E. The firm brings over four decades of experience to the role, with a PAN India presence supported by a network of branches and associates. Its service offerings include audit & assurance, tax and regulatory services, business advisory, accounting and business support, and IT risk advisory.

The board meeting commenced at 4:00 P.M. and concluded at 5:00 P.M. on the same day. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations and SEBI circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Details of Re-appointment

Particulars Details
Name M/s R. K. Lodha & Associates, Chartered Accountants (Firm Registration No. 316194E)
Reason for change Re-appointment as Internal Auditors
Date of appointment & term May 27, 2026 for the financial year 2026-27
Brief profile Chartered Accountants firm with over four decades of experience and PAN India presence. Services include Audit & Assurance, Tax and Regulatory Services, Business Advisory, Accounting and Business Support, IT Risk advisory.

Historical Stock Returns for UY Fincorp

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%-1.10%-0.28%-0.48%-21.16%-58.39%

Will the continuity of the internal auditor lead to any specific shifts in U.Y. Fincorp's risk management strategy for FY 2026-27?

How might the firm's IT risk advisory expertise influence U.Y. Fincorp's digital transformation initiatives in the coming year?

Could this re-appointment signal the board's satisfaction with the current internal controls ahead of any potential expansion plans?

More News on UY Fincorp

1 Year Returns:-21.16%