GDL Leasing & Finance Reports 9% Revenue Growth in Q1
GDL Leasing & Finance Limited reported a 9% increase in total revenue to ₹2,594.18 lakhs for the first quarter. Profit before tax rose significantly to ₹16.78 lakhs, up 218% from the previous quarter. However, profit after tax decreased to ₹13.90 lakhs from ₹16.78 lakhs, and earnings per share fell to ₹0.34 from ₹0.84. The company's net worth stood at ₹3,212.32 lakhs, indicating a solid financial foundation. The Board of Directors approved these unaudited standalone financial results.
06Aug 25
GDL Leasing & Finance Appoints New Statutory Auditors Following Resignation
GDL Leasing & Finance Limited announced a change in statutory auditors. The Board accepted the resignation of M/s. O. Aggarwal & Co and appointed M/s Jain Akshay & Associates as the new auditors. The resignation was due to pre-occupation with other commitments. M/s Jain Akshay & Associates, with over eight years of experience, will serve for a proposed 5-year term, subject to shareholder approval at the upcoming AGM. The change is effective from August 6, 2025, and complies with SEBI regulations.