HB Leasing & Finance Co. reported a net loss of Rs 8.08 lakhs for Q1, up 5.21% from the previous year's loss of Rs 7.68 lakhs. Total income increased by 6.58% to Rs 4.21 lakhs, driven by a 37% rise in fee and advisory income to Rs 4.11 lakhs. Total expenses grew 4.56% to Rs 12.16 lakhs. The company's EPS stood at negative Rs 0.06. In March, the company had raised Rs 324 lakhs through a preferential allotment for business expansion and working capital needs.