Richfield Financial Services Reports Strong Q2 Results, Announces Branch Expansion

Richfield Financial Services Limited has reported robust financial results for the quarter ended September 30, 2025, along with plans for strategic expansion. The company's board of directors approved the unaudited financial results in a meeting held on November 12, 2025.

Financial Performance Highlights

The company demonstrated significant growth in its revenue and profitability for the second quarter of the fiscal year 2025-26:

Metric	Q2 FY2025-26	Q1 FY2025-26	Q2 FY2024-25	YoY Growth
Revenue from Operations	₹270.90	₹191.70	₹175.87	54.03%
Profit Before Tax	₹55.60	N/A	N/A	N/A
Basic EPS	₹0.45	₹0.13	(₹0.08)	662.50%

The company's revenue from operations saw a substantial increase of 54.03% year-over-year, rising from ₹175.87 lakhs in Q2 FY2024-25 to ₹270.90 lakhs in Q2 FY2025-26. This growth also represents a 41.31% increase from the previous quarter's revenue of ₹191.70 lakhs.

Earnings per share (EPS) showed a remarkable improvement, turning positive at ₹0.45 for Q2 FY2025-26, compared to a loss of ₹0.08 per share in the same quarter of the previous year.

Strategic Expansion

In addition to the strong financial performance, Richfield Financial Services announced plans for strategic expansion:

The Board of Directors has approved the expansion of branches in the Kerala and Bangalore regions.
This move is expected to strengthen the company's presence in these key markets and potentially drive future growth.

Corporate Governance

The company maintains a 100% promoter shareholding, indicating strong insider confidence. Additionally, there were no pending investor complaints at the end of the quarter, suggesting effective investor relations management.

Outlook

While the company has shown impressive growth in revenue and profitability, it's important to note that these results are unaudited. The expansion plans in Kerala and Bangalore could potentially lead to increased market share and revenue growth in the coming quarters.

Investors and stakeholders should keep an eye on how these expansion plans materialize and impact the company's future financial performance. As always, it's advisable to consider audited annual results and long-term trends when making investment decisions.

Note: All financial figures are in Indian Rupees (INR) lakhs unless otherwise stated.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-6.20%	-3.60%	+2.54%	-9.20%	+25.50%	+955.28%

Richfield Financial Services Limited (RFSL) has announced plans for a capital raise through a preferential share issue, aiming to bolster its financial position and support future growth initiatives.

Key Details of the Preferential Issue

The company intends to issue 40 lakh equity shares at Rs 25 per share, which includes a premium of Rs 15 over the face value of Rs 10. This move is expected to raise Rs 10 crore from a mix of promoter and non-promoter investors.

Pricing and Valuation

The issue price of Rs 25 per share is above the minimum valuation of Rs 23.97 per share, as determined by an independent registered valuer. This pricing adheres to the Securities and Exchange Board of India (SEBI) regulations for such issues.

Allotment Details

Category	Number of Allottees	Shares to be Allotted
Promoter	1	40,000
Non-Promoter	138	39,60,000
Total	139	40,00,000

Shareholding Impact

The preferential issue will lead to changes in the company's shareholding pattern:

Category	Pre-Issue (%)	Post-Issue (%)
Promoter and Promoter Group	47.52	31.34
Public Shareholding	52.48	68.66

Use of Proceeds

RFSL plans to utilize the funds raised for:

Business activities
Financing future growth opportunities
General corporate purposes

Extraordinary General Meeting

The company has scheduled an Extraordinary General Meeting (EGM) on December 3, 2025, to seek shareholder approval for this preferential issue. The EGM will be conducted through video conferencing, in line with regulatory guidelines.

Important Dates

Book Closure: November 27 to December 3, 2025
E-voting Period: November 30 to December 2, 2025
Cut-off Date for E-voting Eligibility: November 26, 2025

Management Commentary

Vadasseril Chacko Georgekutty, Managing Director of Richfield Financial Services Limited, is among the proposed allottees in the promoter category.

This capital raise through preferential allotment may potentially strengthen RFSL's financial position, providing it with resources for expansion and operational enhancements. Shareholders and potential investors should carefully consider the information provided in the company's official communications and seek professional advice if needed before making investment decisions.