Kumbhat Financial Services Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, revealing mixed performance with significant revenue growth offset by increased losses. The Chennai-based financial services company, which operates primarily in the retail loans segment, reported these results following a board meeting held on February 9, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 showed contrasting trends in revenue and profitability metrics:

Revenue Components and Growth Drivers

The substantial revenue growth was driven by multiple income streams. Revenue from operations increased dramatically to ₹180.79 lakhs in Q3FY26 from ₹65.29 lakhs in the corresponding quarter of the previous year. Additionally, the company earned ₹11.49 lakhs from fees and commission income during the quarter, which was absent in Q3FY25.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company's performance metrics were:

Expense Structure and Cost Pressures

The company faced significant cost pressures across multiple expense categories. Finance costs increased substantially to ₹91.26 lakhs in Q3FY26 from ₹33.13 lakhs in Q3FY25. Net loss on fair value changes contributed ₹74.49 lakhs to expenses, compared to ₹14.40 lakhs in the previous year. Other major expense components included depreciation and amortization expenses of ₹18.67 lakhs and impairment on financial instruments of ₹3.09 lakhs.

Management Changes

The company announced significant changes in its key management personnel. The current Company Secretary will resign and relinquish office at the close of business hours on February 28, 2025. Mr. Bharath Selva Ganesh (Membership No. A78578) has been appointed as the new Company Secretary and will assume office on March 1, 2026.

Auditor Review and Compliance

The unaudited financial results have been subjected to limited review by Joseph & Rajaram, Chartered Accountants. The auditors issued an unmodified conclusion, stating that nothing came to their attention that would suggest the financial results contain material misstatements or fail to comply with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kumbhat Financial Services Limited has announced its board meeting scheduled for February 9, 2026, to review quarterly financial results and address key corporate governance matters. The meeting, convened under Regulation 29 read with Regulation 33 of the Listing Regulations, will take place at the company's registered office in Chennai.

Meeting Details and Agenda

The board meeting is scheduled for Monday, February 9, 2026, at 3:00 PM at the registered office located at 5th Floor, Kumbhat Complex, No. 29, Rattan Bazaar, Chennai 600 003. The meeting will address several critical business matters as outlined in the company's official communication to BSE Limited.

Financial Results Review

The primary agenda item involves approving the unaudited financial results for the quarter ended December 31, 2025. This represents the company's Q3FY26 performance, which will provide stakeholders with insights into the company's financial position during the third quarter of the current fiscal year. The board will also take note of the limited review report from the statutory auditors, ensuring compliance with regulatory requirements.

Leadership Changes

Significant corporate governance changes are on the agenda, particularly regarding the company secretary position. The board will formally accept the resignation of Mr. Mohanraj S, who currently serves as Company Secretary. Following this acceptance, the board will proceed to appoint a new company secretary to ensure continuity in corporate governance and regulatory compliance functions.

Corporate Communication

The official intimation was signed by Sanjay Kumbhat, Managing Director (DIN: 03077193), and submitted to BSE Limited on January 30, 2026. The communication ensures transparency and keeps stakeholders informed about upcoming corporate decisions that may impact the company's operations and governance structure.

The meeting agenda also includes provisions for any other matters that may arise with the chairman's approval, allowing flexibility for additional business discussions as needed.