Mehta Integrated Finance Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing a challenging performance with the company reporting a net loss during the quarter. The board meeting held on February 5, 2026, also addressed key corporate governance changes including auditor appointments.

Financial Performance Overview

The company's Q3FY26 performance showed a significant decline compared to the previous year. Total income dropped substantially to ₹4.52 lakhs from ₹28.45 lakhs in Q3FY25, representing a sharp year-on-year decrease.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained profitability despite the quarterly loss. The nine-month results showed total income of ₹58.48 lakhs compared to ₹72.84 lakhs in the corresponding period of the previous year.

Income Composition and Expenses

The company's income primarily consists of other income components including dividend income, interest income, and profit on investments. In Q3FY26, dividend income contributed ₹3.52 lakhs while interest income was ₹0.98 lakhs.

Total expenses for Q3FY26 increased to ₹18.56 lakhs from ₹18.08 lakhs in Q3FY25. Key expense categories included:

• Employee benefits expenses: ₹5.90 lakhs
• Other expenses: ₹5.80 lakhs
• Professional & consulting fees: ₹6.64 lakhs

Corporate Governance Changes

The board approved significant changes to the internal audit function during the meeting. M/s. P. P. Patel & Brothers, Chartered Accountants resigned as internal auditors effective February 4, 2026, citing pre-occupation with other assignments.

The newly appointed internal auditors, M/s. Trivedi Parikh and Shah from Ahmedabad, bring experience in indirect taxation, foreign accounting, statutory audit, and taxation services.

Share Capital and Earnings

The company maintained its paid-up equity share capital at ₹500.00 lakhs with a face value of ₹10 per share. The earnings per share for Q3FY26 turned negative at (₹0.28) compared to positive ₹0.207 in Q3FY25. For the nine-month period, earnings per share stood at ₹0.17 versus ₹0.47 in the previous year.

Mehta Integrated Finance Limited has announced the resignation of its Internal Auditors, M/s. P. P. Patel & Brothers, Chartered Accountants, effective February 4, 2026. The company informed BSE Limited about this development in compliance with regulatory disclosure requirements under SEBI listing regulations.

Resignation Details

M/s. P. P. Patel & Brothers, Chartered Accountants (Firm Registration No. 107743W), who were appointed as Internal Auditors for Financial Year 2025-26, tendered their resignation through a letter dated February 4, 2026. The resignation became effective immediately from the close of business hours on the same date.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information in compliance with multiple SEBI circulars, including SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated July 13, 2023, and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Impact on Operations

Following the resignation, M/s. P. P. Patel & Brothers will no longer be associated with Mehta Integrated Finance Limited in the capacity of Internal Auditors. The company has fulfilled its obligation to inform the stock exchange about this change in its internal audit arrangements.

Company Information

Mehta Integrated Finance Limited, incorporated in 1985, operates under CIN L65910GJ1985PLC007692 and is listed on BSE with scrip code 511377. The company's registered office is located at Law Garden Apt., Scheme-1, Opp. Law Garden, Ellisbridge, Ahmedabad. Company Secretary & Compliance Officer Kamleshbhai P. Patel signed the regulatory filing on behalf of the company.