Olympic Management & Financial Services Limited announced its unaudited financial results for the quarter ended 31st December, 2025, demonstrating a notable turnaround in its financial performance. The company's Board of Directors approved these results during their meeting held on 6th February, 2026.

Financial Performance Overview

The company reported strong quarterly performance with significant improvements across key metrics:

The company achieved a remarkable turnaround, posting a profit of 1.48 lacs in Q3 FY26 compared to losses of 2.96 lacs in the previous quarter and 3.76 lacs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine months ended 31st December, 2025, the company showed mixed results:

Despite a slight decline in total income, the company substantially reduced its losses, demonstrating improved operational efficiency.

Expense Management

The company maintained disciplined expense management during Q3 FY26:

• Employee benefits expenses: 0.75 lacs (consistent across quarters)
• Depreciation and amortisation: 0.45 lacs
• Other expenses: 3.11 lacs
• Total expenses: 4.31 lacs

Notably, the company reported no finance costs during the quarter, indicating a debt-free operational structure.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for continuing operations improved to 0.049 for Q3 FY26, compared to negative EPS in previous quarters. The paid-up equity share capital remained stable at 300.66 lacs with a face value of Rs. 10 per share.

Regulatory Compliance and Governance

The results were reviewed by the Audit Committee and approved by the Board of Directors. The company operates primarily in a single segment and reported no complaints during the quarter. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and received a limited review from R.K. Khandelwal & Co., Chartered Accountants.

India's Financial Services Secretary is set to draft the terms of reference for a new banking reforms committee, marking a significant step in the government's ongoing efforts to strengthen the financial sector. This initiative reflects the administration's commitment to addressing various challenges within the banking industry and implementing necessary improvements.

Banking Sector Reform Initiative

The upcoming committee will likely focus on key areas requiring attention within India's banking ecosystem. The Financial Services Secretary's role in drafting the terms indicates the high-level importance placed on this reform initiative by the government.

Expected Impact on Financial Institutions

The formation of this committee could have implications for various financial institutions operating in India. Banks and financial services companies may need to prepare for potential regulatory changes and operational adjustments based on the committee's eventual recommendations.

Government's Strategic Approach

This development demonstrates the government's proactive approach to banking sector governance. By establishing clear terms of reference through the Financial Services Secretary, the administration aims to ensure the committee operates with well-defined objectives and scope.