Asit C. Mehta Financial Services Reports Quarterly Loss, Board Approves Unaudited Results

2 min read     Updated on 12 Nov 2025, 07:35 AM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Asit C. Mehta Financial Services Limited (ACMFSL) reported a standalone loss after tax of ₹67.59 lakhs for Q2 FY2026, compared to a loss of ₹57.65 lakhs in Q2 FY2025. Total income increased to ₹202.05 lakhs from ₹181.59 lakhs year-over-year. On a consolidated basis, the company posted a profit after tax of ₹156.81 lakhs in Q2 FY2026, reversing a loss of ₹33.06 lakhs in the same quarter last year. Consolidated revenue from operations rose significantly to ₹2,167.04 lakhs from ₹1,480.71 lakhs. The company's segment-wise revenue for H1 FY2026 was led by Stock Broking and Allied Services at ₹3,131.73 lakhs.

24458727

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

Asit C. Mehta Financial Services Limited (ACMFSL) has reported a standalone loss after tax for the quarter ended September 30, 2025, as approved by the company's Board of Directors. The financial results, which include both standalone and consolidated figures, were reviewed and approved at a board meeting held on November 11, 2025.

Key Financial Highlights

The unaudited standalone financial results for the quarter and half-year ended September 30, 2025, reveal the following:

Particulars (₹ in Lakhs) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations 122.79 114.57 245.56 228.69
Other Income 79.26 67.02 192.11 96.30
Total Income 202.05 181.59 437.67 324.99
Total Expenses 269.64 239.24 516.81 432.95
Loss Before Tax (67.59) (57.65) (79.14) (107.96)
Loss After Tax (67.59) (57.65) (79.14) (108.03)

Consolidated Performance

On a consolidated basis, ACMFSL and its subsidiaries reported:

Particulars (₹ in Lakhs) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations 2,167.04 1,480.71 3,291.23 2,776.72
Total Income 2,294.03 1,635.73 3,572.68 3,055.39
Total Expenses 2,139.68 1,680.92 3,662.78 3,298.34
Profit/(Loss) Before Tax 154.35 (45.19) (90.10) (242.95)
Profit/(Loss) After Tax 156.81 (33.06) (83.19) (224.61)

Segment-wise Performance

The company's segment-wise revenue for the half-year ended September 30, 2025, shows:

  • Stock Broking and Allied Services: ₹3,131.73 lakhs
  • Investment Activities: ₹96.87 lakhs
  • Information Technology Enabled Services: ₹10.44 lakhs
  • Wealth Management: ₹52.19 lakhs

Board Meeting Details

The Board meeting commenced at 4:45 p.m. and concluded at 5:35 p.m. on November 11, 2025. The company has stated that it will publish these financial results in English and Marathi newspapers as per regulatory requirements.

Auditor's Review

Manek & Associates, Chartered Accountants, conducted a limited review of the financial statements. The auditors stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that these are unaudited results and may be subject to changes upon audit. The company's consolidated revenue has shown improvement compared to the previous year, despite the reported losses on a standalone basis.

Historical Stock Returns for Asit C Mehta Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+3.66%+2.32%+6.07%+25.18%-5.22%+224.27%
Asit C Mehta Financial Services
View in Depthredirect
like17
dislike

Asit C. Mehta Financial Services' Company Secretary Puspraj R. Pandey Resigns

1 min read     Updated on 27 Aug 2025, 12:32 AM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Mr. Puspraj R. Pandey, Company Secretary and Compliance Officer of Asit C Mehta Financial Services Limited, has submitted his resignation. He will continue his duties until November 27, 2023. Mr. Pandey, who holds ACS, LLB, and B.Com qualifications, cited his intention to explore other career opportunities. The company has informed BSE Limited of this change in compliance with SEBI regulations.

17780566

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

Asit C Mehta Financial Services Limited has announced the resignation of its Company Secretary and Compliance Officer, Mr. Puspraj R. Pandey. The company made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mr. Pandey submitted his resignation on August 26, 2023, citing his intention to explore career opportunities elsewhere. His duties as Company Secretary & Compliance Officer will end on November 27, 2023.

Professional Background

Puspraj R. Pandey holds several qualifications, including:

  • Associate Company Secretary (ACS)
  • Bachelor of Laws (LLB)
  • Bachelor of Commerce (B.Com)

His Institute of Company Secretaries of India (ICSI) membership number is A38542.

Company's Response

The company has acknowledged Mr. Pandey's resignation and has informed the BSE Limited as part of its regulatory obligations. The resignation will affect the company's compliance leadership structure. The Board of Directors may initiate the process to appoint a new Company Secretary and Compliance Officer in due course.

About Asit C. Mehta Financial Services Limited

Asit C. Mehta Financial Services Limited is registered with CIN: L65900MH1984PLC091326. The company's registered office is located at 'Pantomath Nucleus House', Saki Vihar Road, Andheri (East), Mumbai 400072, Maharashtra, India.

Investors and stakeholders can reach out to the company for any grievances at investorgrievance@acmfsl.co.in or contact them at 022 - 61325757 / 28583333.

Historical Stock Returns for Asit C Mehta Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+3.66%+2.32%+6.07%+25.18%-5.22%+224.27%
Asit C Mehta Financial Services
View in Depthredirect
like20
dislike
More News on Asit C Mehta Financial Services
Explore Other Articles