Abhinav Leasing & Finance achieved a remarkable turnaround in Q1FY27, posting a net profit of ₹15.68 crore compared to a net loss of ₹31.60 crore in Q4FY26. The company's board approved these results on August 12, 2026, alongside the resignation of Independent Director Prateek Singh due to personal commitments. Singh confirmed no unresolved disputes with the company and holds no directorships in other listed entities, with Director Atul Kumar Agarwal signing the BSE communication.
The company's revenue from operations more than doubled to ₹81.32 crore in Q1FY27, up from ₹35.27 crore in the same quarter last year. This substantial growth suggests increased trading activity or volume in shares and securities, though the company did not disclose specific transaction volumes. The total income stood at ₹81.32 crore for Q1FY27, compared to ₹205.69 crore in Q4FY26 and ₹35.27 crore in Q1FY26. The revenue growth indicates strong business expansion in the company's primary segment of trading shares and securities.
Total expenses decreased significantly to ₹65.64 crore from ₹212.07 crore in the previous quarter, driven largely by lower finance costs and other expenses. Finance costs remained a significant expense at ₹43.74 crore in Q1FY27, down from ₹88.39 crore in Q4FY26 but higher than the nil figure reported in Q1FY26. Employee benefit expenses rose to ₹5.74 crore from ₹1.81 crore year-ago, reflecting the company's workforce expansion. The reversal from a quarterly loss to profit highlights improved cost management, particularly in controlling finance costs which halved compared to the preceding quarter.
The company's profit before tax stood at ₹15.68 crore in Q1FY27, compared to ₹27.02 crore in Q1FY26 and ₹91.15 crore in Q4FY26. The basic EPS (Earnings Per Share) was ₹0.031 for the quarter. The profit margin remains sensitive to interest rates given the high absolute level of finance costs relative to revenue. The financial results show significant operational improvement with strong revenue growth offsetting the high finance cost burden, as reported by the company's unaudited financial statements.
