Northlink fiscal & capital services Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to the Listing Department of BSE Limited. The submission was made on 06.04.2026 by Shamli Madia, Authorized Signatory of the company, from Ludhiana.

Certificate Details

Registrar and Transfer Agent Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 01, 2026. The certificate was signed by Parveen Sharma, Authorised Signatory of Skyline Financial Services Private Limited.

The certificate specifically confirms that no physical share certificates were received for dematerialization of securities from the depository participant during the quarter ended 31st March, 2026. This confirmation relates to the equity shares of Northlink Fiscal & Capital Services Limited with CIN: L65921PB1994PLC015365.

Company Information

Northlink Fiscal and Capital Services Limited operates with CIN L65921PB1994PLC015365 and maintains its operations from 86, Mall Road Civil Lines Ludhiana 141001. The submission demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants in the securities market.

Northlink Fiscal and Capital Services Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing significant operational challenges with widening losses and declining revenue. The Board of Directors approved these results in their meeting held on February 13, 2026, and subsequently published them in newspapers under Regulation 47 of SEBI LODR Regulations.

Financial Performance Overview

The company's financial performance showed deterioration across key metrics during Q3FY26:

Revenue Analysis

The company's revenue from operations declined sharply to ₹3.87 lakh in Q3FY26 from ₹13.11 lakh in Q3FY25. Interest income, which forms the primary revenue source, dropped to ₹3.87 lakh from ₹13.11 lakh year-on-year. Other income contributed ₹0.15 lakh during the quarter, bringing total income to ₹4.02 lakh.

Expense Structure and Profitability

Total expenses increased significantly to ₹54.90 lakh in Q3FY26 from ₹20.81 lakh in Q3FY25. The major expense components included:

The substantial increase in other operating expenses to ₹42.67 lakh from ₹7.21 lakh was the primary driver of the widened loss.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported a net loss of ₹64.94 lakh compared to ₹40.35 lakh loss in the corresponding period of the previous year. Revenue from operations for the nine-month period stood at ₹18.48 lakh, down from ₹31.99 lakh in the same period last year.

Regulatory Compliance and Publication

Pursuant to Regulation 47 of SEBI LODR Regulations, the company submitted newspaper publications of its unaudited financial results to BSE Limited on February 16, 2026. The results were published in Financial Express (English) and Desh Sewak (Punjabi) dated February 15, 2026. The company maintained its paid-up equity share capital at ₹525.00 lakh with a face value of ₹10.00 per share.

Capital Structure

Reserves excluding revaluation reserve stood at negative ₹86.35 lakh as of December 31, 2025, compared to positive ₹16.54 lakh in the corresponding quarter of the previous year. The unaudited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI regulations. Statutory auditors M/s. Rajiv Rajinder & Co. completed the limited review as required under Regulation 33 of SEBI LODR Regulations.