Mega Fin (India) Limited Reports Q3 FY26 Results with Net Loss of ₹0.39 Lakhs
Mega Fin (India) Limited reported Q3 FY26 results showing a net loss of ₹0.39 lakhs for the quarter ended December 31, 2025, compared to ₹0.42 lakhs loss in the previous year. The nine-month loss improved to ₹1.20 lakhs from ₹1.79 lakhs. The company generated no income during the quarter, and auditors raised going concern issues due to substantial accumulated losses and erosion of minimum NBFC net worth requirements.
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Mega Fin (India) Limited announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on February 14, 2026. The financial results were reviewed by the audit committee and approved by the board of directors.
Financial Performance Overview
The company reported continued losses during the quarter, with no revenue generation from its core business activities. The financial performance reflects the challenges faced by the non-banking financial company (NBFC) in its current operational state.
| Parameter: | Q3 FY26 | Q3 FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Interest Income: | - | - | - | - |
| Other Income: | - | - | - | - |
| Total Income: | - | - | - | - |
| Net Loss: | ₹0.39 lakhs | ₹0.42 lakhs | ₹1.20 lakhs | ₹1.79 lakhs |
| Basic EPS: | ₹(0.00) | ₹(0.01) | ₹(0.01) | ₹(0.01) |
Auditor's Emphasis of Matter
The statutory auditors, Maheshwari & Co., Chartered Accountants, issued a limited review report with an emphasis of matter. The auditors highlighted that the financial statements have been prepared on a going concern basis despite the company having substantial accumulated losses, standstill activity, and erosion of minimum net worth required to continue as an NBFC company.
Key Financial Metrics
The company's paid-up equity share capital remained stable at ₹817.55 lakhs with a face value of ₹10 per share. The earnings per share showed marginal improvement, with basic and diluted EPS of ₹(0.00) for Q3 FY26 compared to ₹(0.01) in the corresponding previous quarter.
Regulatory Compliance and Notes
The results were prepared in accordance with Indian Accounting Standards (Ind-AS) and SEBI regulations. The company noted that as its business activity falls within a single segment, segment reporting requirements are not applicable. Due to the absence of virtual certainty of future taxable income and losses during the year, no provision for deferred tax liability has been considered.
Management Outlook
Despite the operational challenges, management believes the company remains a going concern and will continue operations in the foreseeable future. The company continues to monitor regulatory developments, including the impact of new labour codes consolidated by the Government of India in November 2025.
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