Ushakiran Finance reports net loss for FY26
Ushakiran Finance reported a net loss of ₹4.36 lakh for FY26, reversing the net profit of ₹24.38 lakh in FY25, due to a decline in total income to ₹47.23 lakh. The audited financial results, approved by the board on May 29, 2026, show a quarterly net loss of ₹8.75 lakh for Q4FY26.
*this image is generated using AI for illustrative purposes only.
Ushakiran Finance reported a net loss of ₹4.36 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹24.38 lakh recorded in the previous year. The company's total income for FY26 decreased to ₹47.23 lakh from ₹55.40 lakh in FY25, primarily impacted by a drop in other income and fair value gains. The board of directors approved the audited financial results during a meeting held on May 29, 2026.
The statutory auditors, M/s. NSVR & Associates LLP, issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The audit confirmed that the financial statements present a true and fair view in conformity with Indian Accounting Standards. The company also appointed M/s. CRK & Associates as internal auditors for the financial year 2026-2027, following the decision of the previous internal auditors not to seek reappointment.
Financial Performance
For the quarter ended March 31, 2026, the company reported a net loss of ₹8.75 lakh, compared to a loss of ₹5.54 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹6.43 lakh, while total expenses rose to ₹18.46 lakh. The basic and diluted earnings per share (EPS) for the quarter were reported at a loss of ₹0.34.
Key Financial Metrics (FY26 vs FY25)
| Particulars | Year Ended 31.03.2026 (₹ in lakhs) | Year Ended 31.03.2025 (₹ in lakhs) |
|---|---|---|
| Total Income | 47.23 | 55.40 |
| Total Expenses | 45.53 | 26.00 |
| Profit/(Loss) before tax | 1.70 | 29.40 |
| Net Profit/(Loss) for the year | (4.36) | 24.38 |
| Basic EPS (₹) | (0.17) | 0.96 |
Balance Sheet Highlights
The company's total assets as of March 31, 2026, stood at ₹1,353.77 lakh, a decrease from ₹1,684.11 lakh in the previous year. Investments constituted the largest portion of financial assets at ₹1,217.42 lakh, down from ₹1,569.91 lakh in FY25. Equity share capital remained constant at ₹274.71 lakh, while other equity decreased to ₹1,076.87 lakh from ₹1,375.65 lakh.
The board also confirmed that certain regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding debt instruments and non-convertible instruments, are not applicable to the company as it does not hold such securities. The financial results are available on the BSE website and the company's official website.
Historical Stock Returns for Ushakiran Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -1.85% | -8.00% | +7.68% | +24.69% | +962.25% |
What strategic initiatives will Ushakiran Finance implement to reverse the significant drop in other income and fair value gains?
How does the company plan to manage the rising total expenses, which nearly doubled year-over-year, to restore profitability?
Will the reduction in investments from ₹1,569.91 lakh to ₹1,217.42 lakh impact the company's liquidity position or future income generation?
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