Lerthai Finance reported a standalone net loss of ₹17.13 lakh for the quarter ended June 30, 2026, according to the company's unaudited financial results approved by the Board of Directors on August 10, 2026. This represents a significant increase from the net loss of ₹0.06 crore recorded during the corresponding quarter of the previous financial year ended June 2025. The company's financial results show a substantial deterioration in profitability compared to the same period last year.
The company reported total income of ₹7.37 lakh for the quarter ended June 30, 2026, as disclosed in the unaudited financial results. However, total expenses amounted to ₹24.50 lakh for the same period, resulting in a net loss after tax of ₹17.13 lakh. This expense-to-income ratio of approximately 3.3:1 indicates that the company's operational costs significantly outweighed its revenue generation during the quarter. The financial statements were duly signed by Chairman and Director Mr. Shao Xing Max Yang, along with a Limited Review Report from B. D. Jokhakar & Co.
The financial results show a net loss increase of ₹17.07 lakh compared to the same quarter in the previous financial year, representing a 286% increase in losses from ₹0.06 crore to ₹17.13 lakh. According to the unaudited results, this deterioration in financial performance suggests potential challenges in the company's operations during the first quarter of the current financial year. The company's basic and diluted earnings per share stood at ₹2.45 for the quarter.
In addition to the financial results, the Board of Directors approved the notice and agenda for the upcoming 47th Annual General Meeting (AGM) during the August 10, 2026 board meeting. The company has also confirmed the book closure date for the 47th AGM, indicating that preparations are underway for the annual shareholder gathering. This AGM-related announcement demonstrates the company's commitment to maintaining transparency and governance standards while addressing stakeholder expectations.
