Minolta Finance Reports Quarterly Loss as Interest Reversal Impacts Revenue
Minolta Finance Limited reported a significant loss for Q2 FY2026 ended September 30, 2025. The company posted a negative revenue of Rs. 3.61 crore, compared to Rs. 205.31 crore in the previous quarter. The net loss stood at Rs. 575.02 crore, primarily due to a Rs. 2.74 crore interest reversal on impaired assets. The company's net worth eroded by Rs. 4.86 crore, representing 48.65% of its total net worth. Despite financial challenges, the Board approved an Employee Stock Option Plan Scheme 2025.
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Minolta Finance Limited , a Mumbai-based financial services company, has reported a significant loss for the quarter ended September 30, 2025, primarily due to the reversal of interest on impaired assets. The company's financial results, approved by its Board of Directors on November 12, 2025, reveal a challenging quarter marked by negative revenue and substantial erosion of net worth.
Key Financial Highlights
- Negative Revenue: The company reported a negative revenue of Rs. 3.61 crore for the quarter, a stark contrast to the Rs. 205.31 crore revenue in the previous quarter.
- Interest Reversal: Minolta Finance reversed interest of Rs. 2.74 crore on impaired assets, leading to an increase in Expected Credit Loss (ECL) provision.
- Net Worth Erosion: The company's net worth eroded by Rs. 4.86 crore, representing 48.65% of its total net worth.
- Quarterly Loss: The net loss for the quarter stood at Rs. 575.02 crore, compared to a profit of Rs. 14.65 crore in the previous quarter.
Financial Performance Overview
The following table summarizes Minolta Finance's key financial metrics for the quarter:
| Particulars (Rs. in crore) | Q2 FY2026 (30.09.2025) | Q1 FY2026 (30.06.2025) | YoY Change |
|---|---|---|---|
| Revenue from Operations | (3.61) | 205.31 | -101.76% |
| Total Income | (3.61) | 206.35 | -101.75% |
| Total Expenses | 631.51 | 206.58 | +205.70% |
| Profit/(Loss) before tax | (635.11) | (0.23) | -276,035% |
| Net Profit/(Loss) | (575.02) | 14.65 | -4,025% |
Additional Developments
Employee Stock Option Plan: The Board of Directors approved an Employee Stock Option Plan Scheme 2025, potentially aimed at retaining talent and aligning employee interests with the company's long-term goals.
Related Party Transactions: The Board reviewed related party transactions for the quarter, ensuring compliance with regulatory requirements.
Auditor's Review: The statutory auditors, M/s. JCR Co. LLP, issued a limited review report highlighting the interest reversal and net worth erosion but did not modify their opinion on the financial results.
Management Commentary
While the company did not provide specific management commentary in the available data, the significant loss and interest reversal suggest that Minolta Finance is grappling with asset quality issues. The approval of an employee stock option plan amid financial challenges may indicate the company's efforts to maintain employee morale and retention during this difficult period.
Outlook
The substantial quarterly loss and erosion of net worth present significant challenges for Minolta Finance. Investors and stakeholders will likely be looking for the company's plans to address asset quality issues, improve revenue, and strengthen its financial position in the coming quarters.
As the financial services sector navigates through various economic headwinds, Minolta Finance's performance in subsequent quarters will be crucial in determining its recovery trajectory and long-term sustainability.
Historical Stock Returns for Minolta Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.72% | +17.70% | -14.19% | +9.92% | -18.90% | -18.90% |
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