Monarch Networth Capital Limited announced its unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025, showcasing robust performance across key financial metrics. The Board of Directors approved these results at their meeting held on January 22, 2026.

Financial Performance Highlights

The company delivered strong financial results for Q3FY26, demonstrating consistent growth momentum. The standalone results show significant improvement in profitability and operational efficiency compared to the corresponding quarter of the previous year.

Revenue Composition and Growth Drivers

The company's revenue streams showed varied performance during the quarter. Fees and commission income reached ₹48.36 crores, while interest income contributed ₹32.06 crores. Net gain on fair value changes added ₹11.32 crores to the total revenue, compared to a loss of ₹1.31 crores in Q3FY25.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, Monarch Networth Capital maintained its growth trajectory with total revenue from operations reaching ₹268.97 crores compared to ₹260.60 crores in the corresponding period of FY25. Net profit after tax for the nine-month period stood at ₹131.78 crores versus ₹119.16 crores in the previous year, representing a 10.6% increase.

Consolidated Results and Segment Performance

The consolidated financial results include performance from the company's subsidiaries across different business segments. The broking and related services segment remained the primary revenue contributor, while the company also operates in non-banking financial business and insurance segments.

Key Management Appointment

The Board of Directors approved the appointment of Mr. Shailen Ramesh Shah as Group Director and Key Management Personnel effective January 22, 2026. Mr. Shah brings 28 years of experience in the capital market and has been instrumental in establishing the company's retail network and institutional business. As a promoter of the company, he has played a crucial role in developing policies and strategies for growth.

Regulatory and Operational Updates

The company made an incremental provision of ₹0.41 crores during Q3FY26 towards the estimated impact of the four Labour Codes notified by the Government of India on November 21, 2025. Under the Employee Stock Options Scheme 2021, the company allotted 8,07,400 equity shares to the Monarch Networth Capital Limited Employees Welfare Trust during the nine months ended December 31, 2025.

Monarch Networth Capital Limited has notified stock exchanges regarding a constitutional change in its statutory auditor firm structure. The company submitted this regulatory disclosure to BSE Limited and National Stock Exchange of India Limited on January 16, 2026.

Auditor Firm Conversion Details

The company's statutory auditor, M S K A & Associates, Chartered Accountants, has undergone a structural transformation by converting into a Limited Liability Partnership (LLP). This conversion took place under the Limited Liability Partnership Act, 2008, with effect from January 13, 2026.

Continuity of Auditor Services

The firm communicated this constitutional change to Monarch Networth Capital Limited through a formal letter dated January 14, 2026. Company Secretary and Compliance Officer Nitesh Tanwar clarified that this represents solely a change in the firm's constitution without any modification to the existing auditor engagement terms.

M S K A & Associates LLP will continue serving as the statutory auditor for Monarch Networth Capital Limited throughout the remaining period of their approved tenure. The auditor-client relationship remains unchanged despite the firm's structural conversion.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both major stock exchanges about this development. The notification ensures transparency regarding the auditor firm's constitutional change while confirming the continuity of statutory audit services for shareholders and regulatory authorities.