Milgrey Finance & Investments Limited has delivered impressive financial results for the quarter ended September 30, 2025, showcasing strong profitability growth and improved operational performance.

Strong Quarterly Performance

Milgrey Finance & Investments posted a net profit of ₹39.12 lakh for Q2 FY26, marking a substantial 85.8% increase compared to the corresponding quarter of the previous year. The company's total income surged by 209.4% to ₹73.57 lakh, primarily driven by growth in other income.

The company's revenue structure remained focused on other income, with no revenue from operations reported during the quarter.

Half-Year Results Show Continued Momentum

For the six-month period ended September 30, 2025, the company demonstrated sustained growth momentum. Net profit for the half-year reached ₹103.10 lakh, representing a remarkable 142.0% increase from ₹42.61 lakh in the corresponding period of the previous year.

Financial Position and Balance Sheet Strength

As of September 30, 2025, the company's balance sheet showed total assets of ₹7,731.65 lakh compared to ₹7,398.44 lakh as of March 31, 2025. The company's financial assets primarily comprised loans and advances worth ₹7,494.32 lakh and cash and cash equivalents of ₹221.06 lakh.

Earnings Per Share and Tax Management

The company's earnings per share (EPS) for Q2 FY26 stood at ₹0.18 for both basic and diluted calculations, compared to ₹0.10 in the corresponding quarter last year. For the half-year period, EPS reached ₹0.48, significantly higher than ₹0.20 in the previous year.

The company's paid-up equity share capital remained stable at ₹2,154.13 lakh with a face value of ₹10 per share. Current tax expenses for the quarter were ₹13.25 lakh compared to nil in the corresponding quarter of the previous year, reflecting improved profitability and tax obligations.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors on December 23, 2025. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company's auditors, K S Subrahmanyam & Co., conducted the review and found no material misstatements in the unaudited financial results.

Milgrey Finance & Investments Ltd, a Mumbai-based financial services company, has announced a change in its upcoming Board of Directors meeting schedule. The meeting, originally set for August 28, 2025, has been rescheduled to September 2, 2025.

Key Points

• Meeting Rescheduled: The Board of Directors meeting has been moved from August 28 to September 2, 2025.
• Purpose of Meeting: The board will consider and approve a proposal to acquire a new business.
• Official Communication: The rescheduling was communicated by Abhay Gupta, Director of Milgrey Finance & Investments Ltd.

Additional Details

According to the company's official communication to the BSE Ltd:

• The rescheduling is in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The meeting will be held on Tuesday, September 2, 2025.
• The primary agenda item is to consider and approve the proposal for acquiring a new business.

This development suggests that Milgrey Finance & Investments Ltd may be looking to expand its operations or diversify its business portfolio. However, specific details about the potential acquisition target or the nature of the new business have not been disclosed at this time.

Investors and market watchers will likely be keen to learn more about this potential acquisition and its implications for the company's future growth strategy when the board meets in September.

Milgrey Finance & Investments Ltd's registered office is located at 31, Whispering Palms Shopping Center, Lokhandwala, Kandivali (East), Mumbai - 400 101.