India Finsec Limited Reports Significant Revenue Decline and Swings to Loss in Q1
India Finsec Limited experienced a significant financial downturn in Q1 FY2026. Total income plummeted 98.5% year-on-year to ₹0.88 lakhs. The company reported a net loss of ₹8.05 lakhs, compared to a net profit of ₹33.51 lakhs in the same quarter last year. Earnings Per Share (EPS) turned negative at ₹(0.03). The company's financial metrics showed substantial deterioration across all key areas, with no additional commentary or guidance provided by management.
24Jul 25
India Finsec Limited Transitions to Unregistered Core Investment Company Following RBI Approval
India Finsec Limited has successfully transitioned to an unregistered Core Investment Company (CIC) after receiving approval from the Reserve Bank of India (RBI) to cancel its Certificate of Registration as a Non-Banking Financial Company – Investment and Credit Company. This strategic shift, approved on July 17, follows the company's application for cancellation on April 24. The move also facilitated the conversion of its subsidiary, IFL Finance Limited, from a Housing Finance Company to an NBFC-ICC on June 26. India Finsec disclosed these developments to the BSE on July 24, in compliance with SEBI regulations.
24Jul 25
India Finsec Limited Transitions to Unregistered Core Investment Company Following RBI Approval
India Finsec Limited has successfully transitioned to an unregistered Core Investment Company (CIC) after receiving approval from the Reserve Bank of India (RBI) to cancel its Certificate of Registration as a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC). This strategic shift aligns with the company's plan to operate as a CIC and facilitates the conversion of its subsidiary, IFL Finance Limited, from a Housing Finance Company to an NBFC-ICC. The company has complied with regulatory disclosure requirements by informing the BSE Limited of these developments.