Libord Finance Reports Turnaround with ₹44.17 Lakh Profit in H1 FY2026

Libord Finance Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing a significant turnaround in its financial performance. The Board of Directors approved these results in a meeting held on October 31, 2025.

Financial Highlights

Key Performance Indicators

1. Profitability: Libord Finance reported a net profit before tax of ₹44.17 lakhs for the half-year ended September 30, 2025, compared to ₹30.00 lakhs in the same period last year, marking a substantial increase of 47.23%.

2. Revenue: The company's total income for H1 FY2026 stood at ₹112.13 lakhs, lower than the ₹126.07 lakhs recorded in H1 FY2025.

3. Expense Management: Total expenses decreased significantly from ₹96.07 lakhs in H1 FY2025 to ₹67.96 lakhs in H1 FY2026, reflecting improved operational efficiency.

4. Asset Growth: Total assets decreased to ₹1,790.72 lakhs as of September 30, 2025, compared to ₹2,563.69 lakhs as of March 31, 2025.

5. Earnings Per Share: The company's EPS improved to ₹0.28 for H1 FY2026, up from ₹0.17 in the same period last year.

Operational Overview

Libord Finance Limited operates primarily as a Non-Banking Finance Company (NBFC) with no separate reportable segments. The company's cash and cash equivalents stood at ₹4.04 lakhs as of September 30, 2025, compared to ₹4.87 lakhs at the beginning of the financial year.

Audit Committee Reconstitution

In a separate announcement, the company informed that its Board of Directors has reconstituted the Audit Committee. Mr. Ramanathan Thirupathi, a Non-Executive Independent Director, has been included as a member of the committee with immediate effect.

Auditor's Review

The financial results have been reviewed by the Audit Committee, and the statutory auditors, RMR & Co., have conducted a limited review of the financial statements. The auditors have not expressed any modified opinion on these results.

Libord Finance's improved financial performance, particularly the significant increase in profitability despite a decrease in total income, suggests effective cost management and operational efficiency. The company's focus on its core NBFC operations appears to be yielding positive results.

As with all financial reports, it's important for investors to consider these results in the context of broader market conditions and the company's long-term strategy.