The Board of Directors of IndoStar Capital Finance Limited, in their meeting held on May 27, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The standalone financial performance highlights a profit after tax of (42,396) lakhs for the quarter ended March 31, 2026, compared to 825 lakhs in the previous quarter and 1,242 lakhs in the corresponding quarter of the previous year.

ParticularsQuarter ended 31 March 2026 (%)Quarter ended 31 March 2026 YoY (%)
Revenue from operations0.09% (QoQ)-6.94% (YoY)
Profit/(loss) after tax-5239.94% (QoQ)-3513.53% (YoY)

IndoStar Capital Finance Limited is a Non-Banking Financial Company (NBFC) engaged primarily in the business of financing in India. The company offers a variety of lending solutions and operates with a focus on maintaining asset cover for its secured listed non-convertible debentures as per regulatory requirements.

The company’s financial results for the quarter ended March 31, 2026, reflect the impact of additional provisions made in line with the Expected Credit Loss (ECL) framework and RBI regulations. Specifically, an additional provision of 32,613 lakhs was made against security receipts during the quarter. Furthermore, the company recognized a management overlay of 4,900 lakhs due to macroeconomic uncertainties stemming from the regional crisis in West Asia. As of March 31, 2026, the Provision Coverage Ratio (PCR) on NPAs increased to 57.40% from 46.65% as of March 31, 2025. In the 2025 calendar year, the company completed the divestment of its subsidiary, Niwas Housing Finance Limited, recording a gain of 1,17,595 lakhs as an exceptional item.

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