Morarka Finance Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with declining profitability despite improved quarterly revenue. The Mumbai-based non-banking financial institution reported these results following a Board of Directors meeting held on January 21, 2026.

Financial Performance Overview

The company's financial performance for the quarter and nine-month periods presents a contrasting picture:

Revenue Analysis

Morarka Finance Limited's revenue composition for Q3FY26 showed significant variations across different income streams. Interest income decreased substantially to ₹0.19 lakhs from ₹1.47 lakhs in the corresponding quarter of the previous year. However, dividend income declined dramatically to ₹0.12 lakhs from ₹1.15 lakhs in Q3FY25.

The company's revenue streams include:

• Interest income: ₹0.19 lakhs (Q3FY26) vs ₹1.47 lakhs (Q3FY25)
• Dividend income: ₹0.12 lakhs (Q3FY26) vs ₹1.15 lakhs (Q3FY25)
• Rental income: ₹3.87 lakhs (consistent across quarters)
• Fees and commission income: ₹9.75 lakhs (consistent)
• Net gain on fair value change: ₹6.75 lakhs (Q3FY26) vs ₹0.11 lakhs (Q3FY25)

Expense Management

Total expenses for Q3FY26 increased marginally to ₹15.76 lakhs from ₹15.11 lakhs in Q3FY25. Employee benefit expenses rose to ₹11.41 lakhs from ₹11.22 lakhs, representing the largest component of the company's cost structure. Other expenses remained relatively controlled at ₹3.85 lakhs compared to ₹3.52 lakhs in the previous year.

Comprehensive Income Impact

While the company maintained operational profitability, other comprehensive income significantly impacted total comprehensive income. The company reported a total comprehensive loss of ₹531.85 lakhs for Q3FY26, primarily due to items that will not be reclassified to profit or loss, which resulted in a negative impact of ₹629.22 lakhs before tax adjustments.

Key Financial Metrics

The earnings per share declined to ₹0.16 for Q3FY26 from ₹0.20 in the corresponding quarter of the previous year, reflecting the reduced profitability. The company maintained its paid-up equity share capital at ₹450.21 lakhs with a face value of ₹10 per share.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and were reviewed by the statutory auditors Jayesh Dadia & Associates LLP. The results received a clean limited review report with no material qualifications. The company operates primarily as a non-banking financial institution with no separate reportable segments under Ind AS 108.

Morarka Finance Limited has announced a board meeting scheduled for January 21, 2026, to review and approve its quarterly financial performance. The meeting represents a key milestone in the company's regulatory compliance and financial reporting obligations for the current fiscal year.

Board Meeting Details

The Board of Directors will convene on Wednesday, January 21, 2026, at 12:15 PM through video conferencing to address critical financial matters. The meeting has been organized in accordance with Regulation 29(1) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.

Financial Results Review

The primary agenda item involves the consideration, recording, and approval of unaudited financial results for two distinct periods. The board will examine the company's financial performance for the quarter ended December 31, 2025, as well as the nine-month period ending on the same date.

These results will provide stakeholders with comprehensive insights into Morarka Finance Limited's operational and financial performance during the third quarter of fiscal year 2026. The unaudited nature of these results follows standard industry practices for interim financial reporting.

Trading Window Restrictions

The company has implemented mandatory trading window restrictions affecting designated persons and their immediate relatives. This closure encompasses all directors and designated employees as defined in the company's insider trading prevention code.

The trading window closure was previously communicated to the stock exchange through the company's letter dated December 24, 2025, ensuring full transparency and regulatory compliance. This measure prevents potential insider trading activities during the sensitive period surrounding financial results declaration.

Regulatory Compliance Framework

Morarka Finance Limited continues to demonstrate its commitment to regulatory adherence through timely notifications and proper governance procedures. The company operates under CIN L67120MH1985PLC035632 and maintains its registered office at Maker Chambers V, Nariman Point, Mumbai.

The structured approach to board meetings and financial reporting reflects the company's dedication to maintaining transparency with stakeholders and regulatory authorities. The advance notification system ensures all concerned parties remain informed about significant corporate developments and their potential market implications.