Magnanimous Trade & Finance Limited announced its Q3 FY26 financial results for the quarter ended December 31, 2025, showing mixed performance with a quarterly net loss despite strong growth in interest income. The Board of Directors approved these unaudited financial results during their meeting held on February 12, 2026.

Financial Performance Overview

The company reported a net loss of ₹1.65 lakhs for Q3 FY26, marking a significant reversal from the substantial profit of ₹713.06 lakhs recorded in the corresponding quarter of the previous year. This shift was primarily attributed to higher tax expenses and operational changes in the business model.

Revenue Analysis

The company's revenue structure underwent a dramatic transformation during Q3 FY26. Interest income emerged as the primary revenue driver, surging to ₹72.17 lakhs from ₹5.44 lakhs in Q3 FY25, representing an exceptional growth of 1,227%. This substantial increase indicates the company's strategic shift towards financial services and lending activities.

Conversely, sales revenue dropped to zero in Q3 FY26 compared to ₹876.91 lakhs in the corresponding quarter last year, suggesting a significant change in the company's business operations and focus areas.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Magnanimous Trade & Finance maintained overall profitability despite the quarterly loss. The company reported net earnings of ₹65.94 lakhs for the nine-month period, though this was lower than ₹652.48 lakhs achieved in the corresponding period of FY25.

Tax Impact and Operational Efficiency

The quarterly loss was significantly influenced by tax-related adjustments. The company recorded current tax expenses of ₹9.47 lakhs and taxes relating to prior years amounting to ₹28.60 lakhs, totaling ₹38.07 lakhs in tax obligations for the quarter.

Operational expenses decreased substantially to ₹35.76 lakhs in Q3 FY26 from ₹197.38 lakhs in Q3 FY25, demonstrating improved cost management. Employee benefit expenses increased to ₹14.76 lakhs from ₹6.08 lakhs, while other expenses reduced significantly to ₹20.58 lakhs from ₹90.58 lakhs.

Earnings Per Share and Capital Structure

The company's paid-up equity share capital remained stable at ₹95.15 lakhs with a face value of ₹10 per share. Basic and diluted earnings per share for Q3 FY26 stood at negative ₹0.14 compared to positive ₹74.94 in Q3 FY25. For the nine-month period, earnings per share were ₹5.54 compared to ₹68.57 in the corresponding period last year.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors K P C M & Co. providing a limited review report confirming compliance with applicable accounting standards and regulatory requirements.

Magnanimous trade & finance Limited has announced the resignation of Independent Director Ms. Arzoo P Rabari, effective January 30, 2026. The company informed BSE Limited about this board change in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Ms. Arzoo P Rabari (DIN: 10754153) submitted her resignation from the position of Independent Director citing pre-occupancy as the primary reason. In her formal resignation letter, she mentioned personal reasons and other professional commitments as factors leading to her decision.

Other Directorships

The disclosure revealed that Ms. Rabari holds directorships in multiple listed entities beyond Magnanimous Trade & Finance Limited. Her current board positions include:

• Ashapura Intimates Fashion Limited
• TTL Enterprises Limited
• MPF Systems Limited

These directorships indicate her involvement across various sectors and may have contributed to the pre-occupancy cited in her resignation.

Regulatory Compliance

The company has fulfilled all regulatory requirements under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. Ms. Rabari provided written confirmation that there are no material reasons for her resignation other than those mentioned in her resignation letter.

Corporate Communication

The resignation was formally communicated to BSE Limited by Managing Director Kurjibhai Rupareliya (DIN: 05109049) through a digitally signed document dated January 30, 2026. The company requested BSE to acknowledge receipt and update their records accordingly.

This board change represents a routine corporate governance matter, with the company maintaining transparency through proper regulatory disclosures and documentation as required under listing regulations.