Ceejay Finance: Posts Q1 FY27 Results, Reappoints MD Deepak Patel

Ceejay Finance Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Net Profit of ₹200.74 lakhs for the quarter. Additionally, the Board of Directors has approved the reappointment of Mr. Deepak Patel as Managing Director for a term of 5 years, effective from September 1, 2026, subject to shareholder approval.

Ceejay Finance Reports Q1 FY27 Financials

Ceejay Finance Limited announced its unaudited financial results for the first quarter of the financial year 2026-27, ending on June 30, 2026. The company posted a Net Profit of ₹200.74 lakhs for the period. This represents a notable performance in the current quarter.

Key Financial Highlights (Quarter Ended June 30, 2026):

  • Total Income: ₹612.55 lakhs
  • Total Expenses: ₹358.37 lakhs
  • Profit Before Tax: ₹254.18 lakhs
  • Tax Expense: ₹53.44 lakhs
  • Net Profit: ₹200.74 lakhs
  • Earnings Per Share (Basic): ₹5.82

Management Reappointment

In a significant governance update, the Board of Directors of Ceejay Finance Limited has approved the reappointment of Mr. Deepak Patel (DIN: 00081100) as the Managing Director of the Company. This reappointment is effective from September 1, 2026, and will be for a term of 5 years, concluding on August 31, 2031. The decision follows a recommendation from the Nomination and Remuneration Committee and is subject to the necessary approval from the company’s shareholders at the upcoming Annual General Meeting.

Mr. Patel, who holds an MBA from the University of Florida, USA, has been associated with Ceejay Finance since 1993 and also serves as a Promoter. His extensive experience spans over 35 years in finance, management, investments, and various other sectors. The company also disclosed that Mr. Patel is related to Mr. Kiran Patel and Mr. Shailesh Patel, and he is not debarred by any SEBI order from holding directorships.

Board Meeting Details

The Board meeting where these outcomes were decided commenced at 03:00 P.M. (IST) and concluded at 04:20 P.M. (IST) on August 14, 2026.

Source: BSE

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