Mehta Securities Limited, a financial services company, has reported its financial results for the first quarter of the fiscal year 2026. The company faced challenges during this period, with a significant decline in revenue and a continued net loss.

Financial Performance

Mehta Securities reported a net loss of Rs 6.55 crore for Q1 FY2026, showing a marginal improvement from the loss of Rs 6.67 crore in the corresponding quarter of the previous year. However, the company's total income saw a substantial decline, dropping to Rs 5.44 crore from Rs 24.40 crore in the preceding quarter.

The decline in total income can be primarily attributed to lower other income, which included dividends of Rs 5.41 crore. Notably, the company reported zero revenue from operations across all periods, indicating its heavy reliance on other income sources.

Expenses and Operational Costs

Total expenses for the quarter increased significantly to Rs 12.00 crore, up from Rs 6.74 crore in the previous quarter. The major contributors to expenses were:

• Employee benefits expense: Rs 3.24 crore
• Annual fees: Rs 3.84 crore
• Professional and consulting expenses: Rs 2.95 crore

Per Share Performance

The basic earnings per share (EPS) for the quarter stood at negative Rs 0.21, reflecting the company's loss-making position.

Board Approval and Audit Review

The financial results were approved by the company's board of directors in a meeting held on August 13, 2025. The meeting commenced at 3:30 PM and concluded at 4:00 PM. The results have undergone a limited review by the statutory auditors, as per regulatory requirements.

Balance Sheet and Equity

As of June 30, 2025, Mehta Securities Limited maintained a paid-up equity share capital of Rs 308.94 crore, with shares having a face value of Rs 10 each.

Outlook and Challenges

The company's continued lack of operational revenue and increasing expenses pose significant challenges. The management may need to explore new revenue streams or implement cost-cutting measures to improve its financial position in the coming quarters.

Note: All financial figures are in Indian Rupees (Rs) and are based on the standalone unaudited financial results for the quarter ended June 30, 2025.