Greencrest Financial Services Reports 66% Drop in Q1 FY2026 Profit
Greencrest Financial Services Limited experienced a significant financial downturn in Q1 FY2026. Profit fell 66% to ₹93.09 lakhs, while revenue dropped 74.9% to ₹538.55 lakhs compared to the same quarter last year. The sale of shares segment saw an 84.6% decrease in revenue. Despite reduced expenses, the company's EPS declined to ₹0.03 from ₹0.08 year-over-year. The results were approved by the Board of Directors on August 12, 2025.
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Greencrest Financial Services Limited, a finance and investment company, has reported a significant decline in its financial performance for the first quarter of the fiscal year 2026. The company's unaudited financial results, approved by the Board of Directors on August 12, 2025, reveal a sharp decrease in both profit and revenue compared to the same period last year.
Profit and Revenue
For the quarter ended June 30, 2025, Greencrest Financial Services posted a profit of ₹93.09 lakhs, marking a substantial 66% decrease from ₹276.82 lakhs reported in the corresponding quarter of the previous year. The company's total revenue from operations also saw a steep decline, falling to ₹538.55 lakhs from ₹2,146.53 lakhs year-over-year, representing a 74.9% reduction.
Segment Performance
The company's primary revenue streams showed mixed results:
- Sale of Shares: Revenue from this segment decreased significantly to ₹305.43 lakhs from ₹1,983.24 lakhs in the previous year's quarter, a drop of 84.6%.
- Interest Income: This segment remained relatively stable at ₹153.77 lakhs compared to ₹157.00 lakhs in the same quarter last year.
- Other Income: The company reported gains from trading in shares and F&O segment of ₹79.35 lakhs, compared to ₹5.73 lakhs in the previous year.
Expenses and Operational Efficiency
Total expenses for the quarter decreased to ₹414.15 lakhs from ₹1,787.59 lakhs in the corresponding period. This reduction in expenses, however, was not sufficient to offset the sharp decline in revenue.
Earnings Per Share
The basic and diluted earnings per share (EPS) stood at ₹0.03, down from ₹0.08 in the corresponding quarter of the previous year, reflecting the overall decrease in profitability.
Balance Sheet Highlights
As of June 30, 2025, Greencrest Financial Services reported:
| Item | Value |
|---|---|
| Paid-up Equity Share Capital | ₹3,655.08 lakhs |
| Face Value per share | ₹1.00 |
Management Commentary
While specific management commentary was not provided in the available data, the financial results were reviewed by statutory auditors and approved by the Board of Directors in their meeting held on August 12, 2025.
Segment Information
Greencrest Financial Services operates in a single business segment of Finance & Investments, as per Indian Accounting Standard (IndAS) 108 "Operating Segment".
The company's performance this quarter reflects the challenges faced in the finance and investment sector. Investors and stakeholders will be watching closely to see how Greencrest Financial Services adapts its strategies in the coming quarters to improve its financial position and return to growth.
Note: All financial figures are in Indian Rupees (₹) and are on a standalone basis.
Historical Stock Returns for Greencrest Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.64% | +3.33% | -3.12% | -10.14% | -31.87% | -87.35% |
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