NewsEarningsUnited Credit Limited Reports Revenue Decline in Q1 FY2026, Schedules AGM for SeptemberUnited Credit Limited Reports Revenue Decline in Q1 FY2026, Schedules AGM for September
United Credit Limited's Q1 FY2026 results show a 19.2% year-over-year decline in total income to ₹80.05 lakh, primarily due to a 55.3% drop in rental income. However, the financing activity segment grew by 4.5% to ₹59.87 lakh. Net profit decreased slightly by 1.6% to ₹25.80 lakh. The company effectively managed expenses, reducing them by 29.3% to ₹43.13 lakh. The 54th Annual General Meeting is scheduled for September 15, 2025, to be conducted via video conferencing.
*this image is generated using AI for illustrative purposes only.
United Credit Limited , a Kolkata-based financial services company, has reported a decline in revenue for the first quarter of the fiscal year 2026, while maintaining a stable profit margin. The company's board has also announced the date for its upcoming Annual General Meeting.
Financial Performance
United Credit Limited's unaudited financial results for the quarter ended June 30, 2025, reveal a mixed performance:
| Particulars | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Total Income | 80.05 | 99.06 | -19.2% |
| Net Profit | 25.80 | 26.23 | -1.6% |
| Total Expenses | 43.13 | 61.04 | -29.3% |
The company's total income decreased by 19.2% year-over-year, primarily due to a significant drop in rental income. However, the financing activity segment showed resilience with a 4.5% growth in revenue, reaching ₹59.87 lakh.
Segment Performance
- Financing Activity: Revenue grew to ₹59.87 lakh, up from ₹56.74 lakh in the same quarter last year.
- Renting Activity: Revenue declined sharply by 55.3% to ₹12.73 lakh, compared to ₹28.45 lakh in Q1 FY2025.
Despite the overall revenue decline, United Credit Limited managed to control its expenses effectively. Total expenses decreased by 29.3% to ₹43.13 lakh, which helped to offset the impact of lower revenue on the company's bottom line.
Balance Sheet Highlights
As of June 30, 2025, United Credit Limited reported:
- Total assets of ₹3,081.46 lakh, a marginal increase from the previous period.
- Segment assets for financing activity stood at ₹2,001.40 lakh.
- Renting activity segment assets were reported at ₹879.91 lakh.
Annual General Meeting
The Board of Directors has approved the convening of the 54th Annual General Meeting (AGM) on Monday, September 15, 2025. In line with ongoing practices, the AGM will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
Management Commentary
A. K. Dabriwala, Chairman & Managing Director of United Credit Limited, stated in the company's filing, "The Board of Directors has reviewed and approved the unaudited financial results for the quarter ended June 30, 2025. Despite challenges in the rental segment, our financing activities have shown growth, and we have successfully managed our expenses to maintain profitability."
The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 11, 2025. The meeting commenced at 12:00 P.M. and concluded at 12:45 P.M.
Investors and stakeholders can access the detailed financial results on the company's website at www.unitedcreditltd.com , as well as on the websites of BSE Ltd and The Calcutta Stock Exchange Ltd.
Historical Stock Returns for United Credit
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.68% | -2.05% | +2.75% | -10.34% | -9.90% | +228.81% |
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