Easy Fincorp Reports Widened Net Loss for Q2 and H1 FY2026

2 min read     Updated on 07 Nov 2025, 12:43 PM
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Shriram SScanX News Team
Overview

Easy Fincorp Limited announced unaudited financial results for Q2 and H1 FY2026. The company reported a net loss of Rs 3.77 lakhs in Q2, compared to a profit of Rs 0.16 lakhs in Q2 FY2025. For H1 FY2026, net loss expanded to Rs 7.96 lakhs from Rs 3.63 lakhs year-over-year. Total income slightly decreased to Rs 4.77 lakhs in H1 FY2026 from Rs 4.81 lakhs in H1 FY2025, while total expenses increased to Rs 14.71 lakhs from Rs 13.54 lakhs. The company also reported a significant other comprehensive loss of Rs 174.53 lakhs for H1. Total assets decreased to Rs 2,930.72 lakhs as of September 30, 2025, down from Rs 3,138.52 lakhs on March 31, 2025.

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

Easy Fincorp Limited , a financial services company, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2025-26, revealing a widened net loss and decreased total income.

Financial Performance

For the quarter ended September 30, 2025, Easy Fincorp reported a net loss of Rs 3.77 lakhs, compared to a net profit of Rs 0.16 lakhs in the same quarter of the previous year. The company's performance for the first half of the fiscal year also showed a deterioration, with the net loss expanding to Rs 7.96 lakhs from Rs 3.63 lakhs in the corresponding period last year.

The financial results for Q2 and H1 FY2026 are summarized in the table below:

Particulars (in Rs. Lakhs) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Total Income 2.40 2.70 4.77 4.81
Total Expenses 7.16 6.73 14.71 13.54
Net Profit/(Loss) (3.77) 0.16 (7.96) (3.63)

Income and Expenses

The company's total income for the first half of FY2026 slightly decreased to Rs 4.77 lakhs from Rs 4.81 lakhs in the previous year. Concurrently, total expenses increased to Rs 14.71 lakhs from Rs 13.54 lakhs, primarily contributing to the wider loss.

Other Comprehensive Income

Easy Fincorp reported a significant loss in other comprehensive income, amounting to Rs 174.53 lakhs for the six-month period. This resulted in a total comprehensive loss of Rs 182.49 lakhs for H1 FY2026.

Balance Sheet Overview

As of September 30, 2025, Easy Fincorp's total assets stood at Rs 2,930.72 lakhs, down from Rs 3,138.52 lakhs reported on March 31, 2025. The company's financial position as of September 30, 2025, is outlined below:

Particulars (in Rs. Lakhs) As of Sep 30, 2025 As of Mar 31, 2025
Total Assets 2,931.72 3,138.52
Total Equity 2,262.69 2,445.18
Total Liabilities 669.03 693.34

Management Approval and Audit Review

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on November 7, 2025. The results have undergone a limited review by the statutory auditors, as per regulatory requirements.

Easy Fincorp's management has not provided any specific comments on the financial performance or future outlook in the released statement. Investors and stakeholders may refer to the full financial results available on the BSE website and the company's official website for further details.

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Easy Fincorp Limited Extends CEO Asish Kumar Chaudhuri's Tenure for Another Year

1 min read     Updated on 04 Sept 2025, 03:05 PM
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Reviewed by
Suketu GScanX News Team
Overview

Easy Fincorp Limited has reappointed Asish Kumar Chaudhuri as CEO for an additional one-year term, effective October 1, 2025. The decision was approved by the Board of Directors on September 3, 2025, following a recommendation from the Nomination and Remuneration Committee. The reappointment maintains existing terms and conditions. The company has informed BSE Limited of this development in compliance with SEBI regulations.

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

Easy Fincorp Limited , a financial services company, has announced the re-appointment of Asish Kumar Chaudhuri as its Chief Executive Officer (CEO) for an additional one-year term. The decision, effective from October 1, 2025, was approved by the company's Board of Directors on September 3, 2025, following a recommendation from the Nomination and Remuneration Committee.

Key Details of the Re-appointment

Detail Information
Term One year, commencing October 1, 2025
Approval Date September 3, 2025
Terms and Conditions Remain unchanged from previous appointment

Board Decision and Regulatory Compliance

The re-appointment comes as Chaudhuri's existing term was set to expire. In line with regulatory requirements, Easy Fincorp Limited has promptly informed the BSE Limited of this development, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Official Statement

In an official communication to the BSE, Atul Lakhotia, Director of Easy Fincorp Limited, stated:

"The Board of Directors of the Company, on the recommendation of the Nomination and Remuneration Committee, at its meeting held on 3 September, 2025, has approved the re-appointment of Mr. Asish Kumar Chaudhuri (PAN: ABXPC1591J) as the Chief Executive Officer (CEO) of the Company for a period of one (1) year with effect from 1st October, 2025, on the existing terms and conditions."

About Easy Fincorp Limited

Easy Fincorp Limited, with its registered office at Duncan House, 31-Netaji Subhas Road, Kolkata, operates in the financial services sector. The company is listed on the BSE and adheres to the regulatory framework set by the Securities and Exchange Board of India (SEBI).

This re-appointment signifies the company's confidence in Chaudhuri's leadership and suggests a continuation of the current management strategy. Shareholders and market observers will likely be watching closely to see how this extension of Chaudhuri's tenure impacts the company's performance and strategic direction in the coming year.

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