Abirami Financial Services Reports Q1 FY2026 Results; Expands into Real Estate Development

1 min read     Updated on 29 Jul 2025, 03:52 PM
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Jubin VergheseScanX News Team
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Overview

Abirami Financial Services (India) Limited reported a decline in Q1 FY2026 financial results, with total income down 25% to ₹0.30 crore and net profit decreased by 50% to ₹0.10 crore. The company also announced plans to expand into real estate development, including land and township development, construction, and maintenance of properties. This strategic move aims to diversify the company's business activities and potentially open new revenue streams.

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

Abirami Financial Services (India) Limited , a Chennai-based financial services company, has released its unaudited financial results for the first quarter ended June 30, 2025, while also announcing a significant expansion of its business activities into real estate development.

Q1 FY2026 Financial Highlights

The company reported the following key financial metrics for Q1 FY2026:

Particulars (in ₹ crore) Q1 FY2026 Q1 FY2025 YoY Change
Revenue 0.30 0.40 -25.00%
Other Income 0.30 0.40 -25.00%
Total Income 0.30 0.40 -25.00%
Expenses 0.20 0.10 100.00%
EBITDA 0.20 0.30 -33.33%
Net Profit 0.10 0.20 -50.00%
EPS (in ₹) 0.23 0.41 -43.90%

The company's total income for the quarter stood at ₹0.30 crore, down 25% from ₹0.40 crore in the same quarter last year. Net profit decreased by 50% year-over-year to ₹0.10 crore, while earnings per share (EPS) declined from ₹0.41 to ₹0.23.

Expansion into Real Estate Development

In a significant move, Abirami Financial Services has announced plans to diversify its business activities. The company's Board of Directors, in a meeting held on July 28, 2025, approved the alteration of the main object clause in its Memorandum of Association, subject to shareholder approval.

The new object clauses include:

  1. Engaging in land development, township development, and real estate dealing.
  2. Undertaking construction and maintenance of various types of properties.
  3. Carrying out ancillary and allied business activities, leveraging emerging technologies and digital platforms to enhance operational efficiency and customer satisfaction.

This expansion into real estate development marks a strategic shift for Abirami Financial Services, potentially opening up new revenue streams and growth opportunities.

Corporate Governance and Compliance

The company has duly published its unaudited financial results in both English and Tamil newspapers, as required by regulations. Additionally, Abirami Financial Services continues to maintain transparency with investors by promptly disclosing material information to the stock exchanges.

Conclusion

The expansion plans and financial results underscore Abirami Financial Services' efforts to adapt to changing market conditions and explore new business avenues. Investors and market observers will be keenly watching how this diversification strategy unfolds and impacts the company's financial performance in the coming quarters.

Note: All financial figures are in Indian Rupees (₹) crore unless otherwise stated.

Historical Stock Returns for Abirami Financial

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-5.00%-5.00%-20.85%-11.10%-27.30%+1,111.05%
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Abirami Financial Services Expands into Real Estate and Construction

2 min read     Updated on 29 Jul 2025, 11:41 AM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Abirami Financial Services plans to diversify into real estate and construction sectors, pending shareholder approval. The company will engage in land development, property construction, and technology-driven services. Q1 FY2026 results show a decline in total income to ₹34.34 lacs and profit after tax to ₹12.78 lacs compared to Q1 FY2025. The board has also made several corporate governance decisions, including re-appointments of key directors and appointment of a new Secretarial Auditor.

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

Abirami Financial Services (India) Limited has announced a significant expansion of its business activities, as approved by its Board of Directors. The company is set to diversify its operations by entering the real estate and construction sectors, subject to shareholder approval.

New Business Ventures

The Board has approved the addition of three new object clauses to the company's Memorandum of Association, broadening its scope of operations. These new ventures include:

  1. Land and Township Development: Abirami Financial Services will engage in land development, township development, satellite town promotion, and housing colony development.

  2. Real Estate and Construction: The company plans to undertake construction and maintenance of various properties, including residential houses, buildings, offices, factories, and other landed properties.

  3. Technology-Driven Ancillary Services: Abirami Financial Services aims to leverage emerging technologies such as artificial intelligence, automation, and digital platforms to enhance operational efficiency and customer satisfaction in its new and existing business activities.

Financial Performance

Abirami Financial Services has also released its financial results for the quarter ended June 30:

Particulars Q1 FY2026 (₹ in lacs) Q1 FY2025 (₹ in lacs) YoY Change
Total Income 34.34 43.62 -21.27%
Total Expenses 15.91 14.08 +13.00%
Profit Before Tax 18.43 29.54 -37.61%
Profit After Tax 12.78 22.29 -42.66%
Earnings Per Share (₹) 0.24 0.41 -41.46%

The company's financial results show a decrease in total income and profitability compared to the same quarter of the previous year. However, the strategic expansion into new business areas may present opportunities for future growth.

Corporate Governance Updates

In addition to the business expansion and financial results, Abirami Financial Services has made several key corporate governance decisions:

  1. Re-appointment of Mrs. Chitra Sivaramakrishnan as Whole-time Director for a period of three years, effective August 1, 2025.
  2. Continuation of Mr. K.V. Aiyappan as Non-executive Director cum Chairman, despite having attained the age of 75 years.
  3. Re-appointment of Mrs. Muthulakshmi Ganesh as a Non-executive Director.
  4. Appointment of Ms. Sindhuja Porselvam as the Secretarial Auditor for a term of five consecutive financial years.

These decisions are subject to shareholder approval at the upcoming 32nd Annual General Meeting, scheduled for September 4, 2025.

As Abirami Financial Services embarks on this new chapter of diversification and expansion, stakeholders will be watching closely to see how these strategic moves impact the company's future performance and market position.

Historical Stock Returns for Abirami Financial

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.00%-20.85%-11.10%-27.30%+1,111.05%
Abirami Financial
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