Nahar Capital & Financial Services , a non-banking financial company, has reported financial results for the first quarter, demonstrating resilience in its core business segments. The company has also announced its upcoming Annual General Meeting (AGM) and dividend plans.

Financial Performance

For the quarter ended June 30, Nahar Capital reported the following results:

While the standalone net profit saw a decrease compared to the same quarter last year, the consolidated figures remained relatively stable, showcasing the company's overall strength.

Segment Performance

Nahar Capital operates in two primary segments:

1. Investment/Financial Activity
2. Real Estate Activity

For the quarter, the Investment/Financial Activity segment generated revenue of ₹1,407.62 lakhs, while the Real Estate Activity segment contributed ₹73.03 lakhs to the total revenue.

Annual General Meeting and Dividend

The Board of Directors has scheduled the 20th Annual General Meeting for September 25, to be held via video conferencing. Key dates announced include:

• Record Date for Dividend: September 5
• Book Closure: September 6-10 (both days inclusive)
• Remote E-voting Period: September 22-24

The company has proposed a dividend of ₹1.50 per equity share of ₹5 each for the financial year ended March 31, subject to shareholder approval at the AGM.

Corporate Governance

To ensure transparency and shareholder participation, Nahar Capital will provide remote e-voting facilities to its shareholders. The company has engaged Central Depository Services (India) Limited (CDSL) to conduct the AGM through VC/OAVM and provide e-voting services.

Associate Companies

Nahar Capital has two associate companies:

1. Nahar Spinning Mills Limited
2. Nahar Poly Films Limited

The consolidated results include the company's share of profit from these associates, contributing to the overall financial performance.

Conclusion

Despite challenges in the standalone results, Nahar Capital & Financial Services has maintained a stable consolidated performance in the first quarter. The company's focus on both investment/financial activities and real estate, coupled with contributions from its associate companies, continues to drive its financial resilience. Shareholders can look forward to the upcoming AGM and the proposed dividend, reflecting the company's commitment to creating value for its investors.

Nahar Capital & Financial Services , a non-banking financial company, has received a significant vote of confidence from ICRA Limited, a prominent credit rating agency. ICRA has reaffirmed the credit rating of [ICRA] A1+ for Nahar Capital's proposed Short Term Debt/Commercial Paper Programme worth Rs. 25.00 crores.

Strong Credit Rating Reaffirmation

The A1+ rating, which is the highest rating for short-term instruments, indicates a very strong degree of safety regarding timely payment of financial obligations. This rating carries the lowest credit risk for such instruments, reflecting positively on Nahar Capital's financial stability and creditworthiness.

Implications for Investors

This reaffirmation of the A1+ rating is likely to boost investor confidence in Nahar Capital's short-term debt instruments. It suggests that the company has maintained its strong financial position and ability to meet its short-term obligations promptly.

Company's Response

In a filing to the stock exchanges, Anjali Modgil, Company Secretary of Nahar Capital & Financial Services, stated:

"We are pleased to inform you that M/s. ICRA Limited vide their letter dated 23rd July, 2025 has re-affirmed the credit rating assigned for the proposed Short Term Debt / Commercial Paper Programme of the Company for Rs. 25 Crores at '[ICRA] A1+'."

Upcoming Financial Results

In related news, Nahar Capital has also announced that its Board of Directors is scheduled to meet on Thursday, 31st July, 2025, to consider and approve the Standalone and Consolidated un-audited Financial Results for the quarter ended 30th June, 2025. This meeting will provide further insights into the company's financial performance.

Trading Window Closure

As per regulatory requirements, the company has closed its trading window for dealing in securities from 1st July, 2025. The window will remain closed until 48 hours after the declaration of the un-audited Financial Results for the quarter ended 30th June, 2025.

This credit rating reaffirmation, coupled with the upcoming financial results, will be of keen interest to investors and stakeholders of Nahar Capital & Financial Services.