Swarna Securities Limited announced its unaudited financial results for the third quarter of FY26, following a board meeting held on February 4, 2026. The board meeting commenced at 5:00 PM and concluded at 5:25 PM, during which directors considered and approved the financial results for the quarter ended December 31, 2025.

Financial Performance Overview

The company reported mixed performance in Q3 FY26 compared to the corresponding quarter of the previous year. While maintaining operational stability, the company showed a slight decline in profitability year-over-year.

Revenue and Income Analysis

The company's revenue structure remained consistent with previous quarters, generating no income from operations. Total income of ₹34.93 lakhs came entirely from other income sources, representing a decrease from ₹35.98 lakhs in Q3 FY25 and ₹39.45 lakhs in the preceding quarter.

Expense Management

Swarna Securities demonstrated effective cost control during the quarter. Total expenses decreased significantly to ₹4.96 lakhs from ₹6.54 lakhs in the corresponding quarter of the previous year. The expense breakdown showed:

• Employee benefits expense: ₹1.50 lakhs (compared to ₹3.24 lakhs in Q3 FY25)
• Depreciation and amortisation: ₹0.81 lakhs (compared to ₹0.91 lakhs in Q3 FY25)
• Other expenditure: ₹2.66 lakhs (compared to ₹2.38 lakhs in Q3 FY25)

Profitability and Tax Position

Profit before tax increased marginally to ₹29.97 lakhs from ₹29.44 lakhs in the corresponding quarter of the previous year. However, higher tax expenses of ₹5.00 lakhs compared to ₹2.85 lakhs in Q3 FY25 resulted in lower net profit of ₹24.97 lakhs.

Year-to-Date Performance

For the nine-month period ended December 31, 2025, the company's year-to-date performance showed:

Share Capital and Earnings Per Share

The company maintained its paid-up equity share capital at ₹300.00 lakhs throughout the reporting period. Basic and diluted earnings per share for Q3 FY26 stood at ₹0.83, compared to ₹0.89 in the corresponding quarter of the previous year.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and approved by the audit committee before board consideration. The results have been subject to limited review by Seshadry & Company, Chartered Accountants, who issued an unqualified review report. The company operates in a single business segment, eliminating the need for segment-wise reporting under Accounting Standard AS17.

Swarna Securities has announced its unaudited financial results for the second quarter ended September 30, 2025. The company reported a significant increase in net profit compared to the previous quarter, along with an increase in total income.

Key Financial Highlights

Financial Performance Analysis

Swarna Securities experienced a positive financial performance in Q2 FY2026:

1. Total Income: The company's total income increased by 16.20% quarter-on-quarter (QoQ) to Rs 39.45 lakhs from Rs 33.95 lakhs in Q1 FY2026.

2. Expenses: Total expenses saw a significant reduction of 64.40% QoQ, dropping to Rs 8.29 lakhs from Rs 23.29 lakhs in the previous quarter.

3. Profitability: The net profit increased by 150.88% QoQ to Rs 24.16 lakhs, compared to Rs 9.63 lakhs in Q1 FY2026. This substantial improvement in net profit can be attributed to higher income and significantly lower expenses.

4. Earnings Per Share (EPS): The basic and diluted EPS for Q2 FY2026 stood at Rs 0.81, a significant increase from Rs 0.32 in the previous quarter.

Balance Sheet Highlights

• Fixed Assets: The company's fixed assets increased to Rs 448.82 lakhs from Rs 367.59 lakhs at the end of the previous financial year.
• Cash Position: Cash and cash equivalents decreased to Rs 125.49 lakhs from Rs 171.65 lakhs, indicating a reduction in liquid assets.
• Equity: The total equity (including reserves and surplus) increased to Rs 690.78 lakhs from Rs 656.99 lakhs at the end of FY2025.

Management Commentary

The company's Board of Directors approved these unaudited financial results at their meeting held on October 31, 2025. The meeting commenced at 5:00 PM and concluded at 5:35 PM.

Auditor's Review

Seshadry & Company, Chartered Accountants, conducted a limited review of the financial results. They reported that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Outlook

Swarna Securities has shown significant improvement in both total income and profitability, while also demonstrating operational efficiency through reduced expenses. The company's ability to sustain this revenue growth and maintain cost control will be crucial for its future performance.

Investors and analysts may be interested in the company's strategies to leverage its increased fixed asset base and improve its cash position in the coming quarters.