Classic Leasing & Finance Ltd. has announced robust unaudited financial results for the third quarter of fiscal year 2026, reporting a net profit of ₹25.65 lakhs for the quarter ended December 31, 2025. The board of directors approved these results at their meeting held on February 11, 2026, demonstrating significant improvement across key financial metrics.

Outstanding Quarterly Performance

The company delivered exceptional operational performance during Q3FY26, with total income surging to ₹35.23 lakhs compared to ₹23.33 lakhs in the corresponding quarter of the previous year. Revenue from operations reached ₹30.40 lakhs, while other income contributed ₹4.83 lakhs to the total.

Nine-Month Cumulative Growth

For the nine months ended December 31, 2025, the company maintained strong momentum with total income of ₹93.39 lakhs and net profit of ₹65.85 lakhs. This represents substantial improvement over the corresponding period last year when total income was ₹58.70 lakhs and net profit was ₹37.88 lakhs.

Balance Sheet Strengthening

As of December 31, 2025, the company's total assets expanded to ₹638.12 lakhs compared to ₹534.75 lakhs in the previous year. Financial assets comprised ₹623.88 lakhs, including loans of ₹418.18 lakhs and significantly improved cash equivalents of ₹75.51 lakhs.

Corporate Actions and Compliance

The board meeting commenced at 2:30 PM and concluded at 4:15 PM on February 11, 2026. The company received BSE approval for equity share issuance on December 29, 2025, and subsequently allotted 92.5 lakh equity shares of ₹10 each at a premium of ₹1.50 per share on January 11, 2026. The auditor's report was provided by Agarwal Khetan & Co., Chartered Accountants, with the review conducted in accordance with Standard on Review Engagement (SRE) 2410.

Classic Leasing & Finance Limited's promoter group has strengthened its position in the company through a significant preferential allotment of equity shares. The transaction, completed on January 09, 2026, resulted in a 4.92% increase in the promoter group's shareholding, bringing their total stake to 38.41% from the previous 33.49%.

Transaction Overview

The preferential allotment involved the issuance of 37,00,000 equity shares to the promoter group. This strategic move demonstrates the promoters' confidence in the company's prospects and their commitment to maintaining control over the business operations.

Promoter Group Composition

The acquisition was undertaken by three key acquirers within the promoter group, with no additional shares allocated to the Persons Acting in Concert (PACs). The primary beneficiaries of this allotment include prominent promoter entities and individuals who have been instrumental in the company's growth.

Shareholding Distribution Post-Allotment

Capital Structure Transformation

The preferential allotment has significantly expanded Classic Leasing & Finance Limited's equity base. The company's paid-up equity share capital increased substantially, reflecting the scale of this fundraising exercise.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The company's shares are listed on BSE Limited (Scrip Code: 540481) and The Calcutta Stock Exchange Limited (Scrip Code: 013099). Manju Bothra, acting as the authorized signatory on behalf of all acquirers and PACs, submitted the required documentation to both stock exchanges on January 13, 2026.

This preferential allotment represents a significant capital infusion and demonstrates the promoter group's continued commitment to the company's growth trajectory. The expanded equity base provides Classic Leasing & Finance Limited with enhanced financial flexibility to pursue its business objectives.