Gamco (ISIN: INE890S01026), a financial services company, has reported a significant downturn in its financial performance for the quarter ended September 30, 2025. The company faced challenges in both its standalone and consolidated operations, with notable declines in revenue and profitability.

Standalone Performance

On a standalone basis, Gamco reported a net loss of ₹775.20 lakhs for the quarter, a stark contrast to the profit of ₹516.28 lakhs in the previous quarter. The company's revenue from operations saw a substantial decrease, falling to ₹2,047.43 lakhs from ₹5,018.68 lakhs in the prior quarter.

Consolidated Results

The consolidated financial results paint a similar picture:

The company's consolidated revenue from operations decreased by 62.12% quarter-over-quarter, while it swung from a profit to a significant loss.

Half-Year Performance

For the half year ended September 30, 2025, Gamco's standalone profit stood at ₹1,451.65 lakhs, down from ₹2,900.18 lakhs in the corresponding period of the previous year.

Strategic Acquisition

On September 24, 2025, Gamco's Board of Directors approved a share purchase agreement to acquire a controlling interest in Uma Properties & Traders Limited. Upon completion, expected by October 30, 2025, Gamco will hold a 96.27% stake in Uma Properties and Traders Limited.

Financial Position

As of September 30, 2025, Gamco reported:

The company's capital to risk-weighted assets ratio, calculated as per RBI guidelines, stood at 48.85%.

Despite the challenging quarter, Gamco maintains a focus on its core financial services business. The company's management may look to leverage its new acquisition and existing strengths to improve performance in the coming quarters.

Investors and stakeholders will be watching closely to see how Gamco navigates these financial headwinds and whether the strategic acquisition of Uma Properties & Traders Limited will contribute to future results.

Gamco Limited (formerly known as Visco Trade Associates Ltd) has announced its decision to dispose of its entire 100% equity stake in its wholly owned subsidiary, Visco Advisory Private Limited (VAPL). This strategic move, approved by the company's Board of Directors on October 14, 2025, is subject to shareholder approval and other regulatory clearances.

Key Details of the Divestment

Transaction Specifics

• Shareholder Approval: An Extraordinary General Meeting (EGM) is scheduled for November 5, 2025, to seek shareholder approval for the divestment.
• Buyer Details: The prospective acquirer will not belong to the promoter or group companies of Gamco Limited.
• Related Party Transaction: The disposal does not qualify as a related party transaction.
• Agreement and Consideration: Details regarding the sale agreement, completion timeline, and consideration amount will be disclosed once finalized.

Impact on Gamco Limited

Upon completion of the transaction, Visco Advisory Private Limited will cease to be a wholly owned subsidiary of Gamco Limited. Given VAPL's nil contribution to Gamco's consolidated income and net worth, the divestment is not expected to have a significant financial impact on the parent company.

The Board meeting that approved this decision commenced at 11:30 A.M. and concluded at 2:00 P.M. on October 14, 2025. Gamco Limited has assured that it will keep the stock exchanges informed of further developments regarding this divestment.

Investors and stakeholders are advised to monitor official communications from Gamco Limited for updates on the transaction's progress and its potential implications on the company's future strategic direction.