Banas Finance Limited announced its unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025, following a board meeting held on February 10, 2026. The company reported a significant net loss, primarily driven by substantial fair value losses on investments.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed a marked deterioration compared to the previous year. The following table summarizes the key financial metrics:

Revenue Analysis

Total income for Q3 FY26 stood at ₹1,554.757 lakhs, representing a significant decline from ₹3,064.594 lakhs in Q3 FY24. Revenue from operations decreased to ₹1,295.339 lakhs from ₹3,057.108 lakhs in the corresponding quarter of the previous year. The major revenue components included:

• Sale of shares & securities: ₹1,204.525 lakhs
• Interest income from loans: ₹17.968 lakhs
• Income from future & options: ₹60.140 lakhs
• Other income totaled ₹259.419 lakhs, including net gain on sale of investment of ₹172.060 lakhs

Major Loss Drivers

The company's substantial loss was primarily attributed to net loss on fair value changes on investments, which amounted to ₹3,927.654 lakhs in Q3 FY26. This represents a significant negative swing from the net gain of ₹596.861 lakhs recorded in Q3 FY24. Total expenses reached ₹5,604.744 lakhs compared to ₹3,110.178 lakhs in the previous year's corresponding quarter.

Business Segments

Banas Finance operates in two primary business segments:

Consolidated Results

The consolidated financial results, which include the company's associate Tilak Ventures Limited (48.84% holding), showed a net loss of ₹4,041.512 lakhs for Q3 FY26. The share of profit from associates and joint ventures was ₹8.474 lakhs, providing some offset to the standalone losses. Consolidated basic earnings per share stood at ₹(4.539) compared to ₹(0.040) in Q3 FY24.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported a net loss of ₹2,161.319 lakhs on standalone basis and ₹1,869.283 lakhs on consolidated basis. Total income for the nine-month period was ₹3,847.925 lakhs compared to ₹3,924.913 lakhs in the corresponding period of the previous year.

Capital Structure

The company maintains a paid-up equity share capital of ₹8,957.767 lakhs, consisting of 8,95,77,673 shares of ₹10 each. The face value of equity shares remains at ₹10.000 per share. The board meeting was conducted at the company's registered office in Mumbai, with all financial results prepared in accordance with Indian Accounting Standards and SEBI regulations.

Banas Finance , a financial services company, has reported a significant loss in its latest quarterly results, as disclosed in a recent filing to the Bombay Stock Exchange.

Financial Performance Highlights

The company's unaudited standalone and consolidated financial results for the quarter ended June 30, 2022, reveal a challenging period:

All financial figures are in ₹ lakhs, except for Earnings Per Share

Key Takeaways

• Revenue Generation: Banas Finance reported a total revenue of ₹775.35 lakhs for the quarter.

• Substantial Loss: The company posted a net loss of ₹5,725.19 lakhs after tax and exceptional items, marking a significant downturn from the profit of ₹321.31 lakhs recorded in the same quarter of the previous year.

• Earnings Per Share: The loss per share stood at ₹22.32 for both basic and diluted calculations, reflecting the impact of the quarterly loss on shareholder value.

• Capital Structure: The paid-up share capital remained steady at ₹2,564.87 lakhs.

Transparency and Disclosure

In compliance with regulatory requirements, Banas Finance published its financial results in two newspapers on August 12, 2022:

1. Financial Express (English)
2. Mumbai Lakshadweep (Marathi)

This publication ensures wide dissemination of the company's financial information to stakeholders and the general public.

The substantial shift from profit to loss in the year-over-year comparison indicates a challenging quarter for Banas Finance. Stakeholders and market analysts will likely be keen to understand the factors contributing to this significant downturn and any strategies the company plans to implement to address these challenges in the coming quarters.