Anupam Finserv Announces Leadership Change and Reports Strong Q1 Results
Anupam Finserv Limited reported significant changes in leadership and strong Q1 FY26 financial results. Mrs. Nirmala Gala will step down as Managing Director, with Mr. Siddharth Gala appointed as the new MD and CEO effective August 7, 2025. The company's Q1 FY26 total income increased by 26.07% to Rs. 11,627.23 thousand, while profit after tax grew by 70.34% to Rs. 3,425.91 thousand. The Financing segment performed well, but the Leasing segment reported a loss. An ongoing legal matter involves a frozen bank account linked to the company's fintech partner.
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Anupam Finserv Limited, a company operating in the financing and leasing segments, has announced significant changes in its leadership structure along with its financial results for the first quarter.
Leadership Transition
The Board of Directors of Anupam Finserv Limited has approved a major leadership change. Mrs. Nirmala Gala will step down from her position as Managing Director, effective August 7, 2025. However, she will continue to serve the company as an Executive Director.
Simultaneously, Mr. Siddharth Gala has been appointed as the new Managing Director and Chief Executive Officer for a five-year term, also commencing on August 7, 2025. Mr. Siddharth Gala, who holds a Bachelor's Degree in Computer Engineering and a Master's in Financial Engineering, brings over five years of experience in Data Analytics, Risk Management, and strategic planning to his new role.
Q1 Financial Performance
Anupam Finserv reported a robust financial performance for the quarter:
| Particulars (in Rs. '000) | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Total Income | 11,627.23 | 9,222.89 | 26.07% |
| Profit Before Tax | 4,570.42 | 2,671.61 | 71.07% |
| Profit After Tax | 3,425.91 | 2,011.22 | 70.34% |
The company's total income stood at Rs. 11,627.23 thousand, marking a significant increase of 26.07% compared to Rs. 9,222.89 thousand in the corresponding quarter of the previous year.
Profit before tax saw a substantial rise of 71.07%, reaching Rs. 4,570.42 thousand, up from Rs. 2,671.61 thousand in the same quarter last year. The company's profit after tax also showed impressive growth, increasing by 70.34% to Rs. 3,425.91 thousand.
Segment Performance
Anupam Finserv operates in two primary segments: Financing and Leasing. For the quarter:
- The Financing segment reported revenue of Rs. 9,806.46 thousand, with a segment result before tax of Rs. 9,339.08 thousand.
- The Leasing segment generated revenue of Rs. 1,820.77 thousand but reported a segment loss before tax of Rs. 1,015.65 thousand.
Ongoing Legal Matter
The company disclosed that since February 2021, one of its bank accounts with a balance of Rs. 2,820,877 has been frozen by the cybercell in Hyderabad. This account was linked to Anupam Finserv's fintech partner, Yomoyo Blossom Technology Private Limited. The company is currently evaluating legal action regarding this matter.
As Anupam Finserv Limited navigates through these leadership changes and financial developments, stakeholders will be keenly watching how the new management steers the company's growth trajectory in the coming quarters.
Historical Stock Returns for Anupam Finserv
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.65% | +6.70% | +17.73% | +3.46% | +25.79% | +218.67% |
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