Galada Finance Limited delivered impressive financial performance in Q3FY26, with the Board of Directors approving unaudited results for the quarter ended December 31, 2025. The Chennai-based finance company demonstrated strong growth momentum across all major financial parameters during the reporting period.

Strong Quarterly Performance

The company's quarterly results showcased remarkable improvement in profitability and revenue generation. Net profit for Q3FY26 reached ₹10.41 lakhs, marking a substantial 218% increase from ₹3.27 lakhs reported in the corresponding quarter of the previous year. This growth was supported by robust revenue expansion and effective cost management strategies.

Revenue Growth Drivers

Total income for the quarter increased significantly to ₹71.26 lakhs compared to ₹37.93 lakhs in Q3FY25, representing an 87.9% year-on-year growth. Interest income, the primary revenue source, contributed ₹69.55 lakhs during the quarter, up from ₹37.58 lakhs in the previous year. Other income also showed positive momentum, rising to ₹1.70 lakhs from ₹0.31 lakhs in the corresponding period.

Expense Management and Profitability

Total expenses for the quarter stood at ₹58.35 lakhs compared to ₹33.66 lakhs in Q3FY25. The company benefited from a provision reversal for non-performing assets (NPA) of ₹4.90 lakhs, indicating improved asset quality. Finance costs increased to ₹28.21 lakhs from ₹13.79 lakhs, reflecting business expansion activities.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company maintained its growth trajectory with net profit reaching ₹21.92 lakhs, up 118.5% from ₹10.03 lakhs in the corresponding period of FY25. Total income for the nine-month period grew 63.6% to ₹187.15 lakhs, while interest income increased to ₹183.83 lakhs from ₹111.72 lakhs.

Earnings Per Share and Capital Structure

Earnings per share (EPS) for Q3FY26 improved to ₹0.35 from ₹0.11 in Q3FY25. For the nine-month period, EPS stood at ₹0.73 compared to ₹0.33 in the previous year. The company maintained its paid-up equity share capital at ₹300.00 lakhs with a face value of ₹10.00 per share.

Board Meeting and Compliance

The Board of Directors meeting was held on January 31, 2026, commencing at 15:30 hours and concluding at 16:30 hours. The board considered and approved the unaudited financial results and took on record the Limited Review Report provided by the statutory auditors. The results comply with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Galada Finance has announced the appointment of Mr. Narayana Uppundanarasimha Maiya as an Additional Non-Executive Non-Independent Director, effective October 15, 2025. This strategic move, approved by the company's Board of Directors, aims to bring extensive banking expertise to Galada Finance's leadership team.

Key Appointment Details

Professional Background

Mr. Maiya brings a wealth of experience to Galada Finance, with nearly four decades in the banking sector. His career highlights include:

• Extensive experience with State Bank of India, India's largest public sector bank
• Diverse leadership roles in banking operations
• Strong domain expertise in:
  • Business growth strategies
  • Risk management
  • Customer service enhancement
  • Digital transformation initiatives
  • Retail banking products
  • MSME and Agriculture sectors
  • Audit and Compliance

Educational Qualification

Mr. Maiya is a qualified Cost & Management Accountant (formerly known as ICWA), adding financial acumen to his practical banking experience.

Geographical Exposure

Throughout his career, Mr. Maiya has gained valuable insights working across:

• All southern states of India
• Maharashtra

Board Meeting Details

The appointment was finalized during a board meeting held on October 15, 2025:

• Meeting commenced at 16:30 hours
• Meeting concluded at 17:00 hours

This appointment is part of Galada Finance's efforts to strengthen its board with experienced professionals. Mr. Maiya's extensive background in banking operations, risk management, and digital transformation is expected to contribute significantly to the company's strategic direction and growth initiatives.

Investors and stakeholders will be keen to observe how Mr. Maiya's expertise influences Galada Finance's future strategies, particularly in areas of business growth, risk management, and potential digital initiatives in the financial services sector.

The company has confirmed that Mr. Maiya is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority, ensuring compliance with regulatory requirements.

As this appointment is subject to Reserve Bank of India approval, stakeholders will be watching closely for the final confirmation, which will solidify Mr. Maiya's position on the board of Galada Finance.