Mukesh Babu Financial Services Reports Q2 FY26 Results and Board Committee Changes

1 min read     Updated on 30 Oct 2025, 08:37 PM
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Overview

Mukesh Babu Financial Services Limited (MBFSL) announced Q2 FY26 results with mixed performance. Standalone revenue from operations was Rs 668.74 lakhs, including Rs 235.65 lakhs dividend income, with a net loss of Rs 78.18 lakhs. Consolidated total income was Rs 951.80 lakhs, with a net loss of Rs 102.80 lakhs. The company also added Mr. Bhavesh Doshi, an Independent Director, to several board committees including Audit, Stakeholders' Relationship, CSR, and Nomination and Remuneration Committees.

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Mukesh Babu Financial Services Limited (MBFSL) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, along with changes to its board committees. The company's performance shows mixed results across its standalone and consolidated operations.

Financial Performance

MBFSL's financial results for Q2 FY26 reveal the following key figures:

Particulars Standalone (Rs in lakhs) Consolidated (Rs in lakhs)
Revenue from Operations 668.74 -
Dividend Income 235.65 -
Total Income - 951.80
Net Loss After Tax 78.18 102.80

The standalone figures show a revenue from operations of Rs 668.74 lakhs, which includes a dividend income of Rs 235.65 lakhs. However, the company reported a net loss after tax of Rs 78.18 lakhs on a standalone basis.

On a consolidated basis, MBFSL's total income stood at Rs 951.80 lakhs, with a net loss after tax of Rs 102.80 lakhs for the quarter.

Board Committee Reconstitution

In addition to the financial results, MBFSL announced changes to its board committees. Mr. Bhavesh Doshi, an Independent Director of the company, has been added as a member to the following committees:

  • Audit Committee
  • Stakeholders' Relationship Committee
  • Corporate Social Responsibility (CSR) Committee
  • Nomination and Remuneration Committee

This move aims to strengthen the company's corporate governance structure and bring fresh perspectives to these key committees.

Board Meeting Details

The financial results and committee changes were approved by the Board of Directors at their meeting held on October 30, 2025. The board meeting commenced at 4:00 PM and concluded at 4:30 PM.

Mukesh Babu Financial Services has submitted these results and changes to the BSE Limited in compliance with Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's unaudited financial statements, including the Statement of Assets & Liabilities as of September 30, 2025, and Cash Flow for the half-year ended September 30, 2025, have been reviewed by M/s. Chaitanya C. Dalal & Co., Chartered Accountants, the Statutory Auditors of the company.

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