Classic Leasing & Finance Ltd. announced a significant financial performance for the fiscal year ended March 31, 2026. The company reported a profit after tax of ₹111.68 lakhs, a substantial increase of 142% compared to the previous year’s profit of ₹46.17 lakhs. This growth was attributed to disciplined cost management, prudent credit appraisal, and improved recovery performance, indicating a healthy expansion in profitability.
Financial Highlights for FY2025-26
Classic Leasing & Finance Ltd. has declared its audited financial results for the fiscal year ended March 31, 2026. The company demonstrated robust financial growth, with profit after tax reaching ₹111.68 lakhs. This represents a remarkable increase of 142% from the previous fiscal year’s profit of ₹46.17 lakhs.
Key Drivers of Growth
The substantial improvement in profitability was driven by a combination of strategic initiatives. These include disciplined cost management, prudent credit appraisal processes, and enhanced recovery performance. The company also noted a significant increase in revenue from operations, rising to ₹129.90 lakhs for FY2025-26 from ₹68.68 lakhs in FY2024-25.
Operational Performance
The company’s overall performance reflects a healthy liquidity position and a focus on maintaining a strong portfolio. Revenue from operations saw a considerable jump, and the net profit after tax indicates effective operational and financial management. The company has also stated no change in its business activities during the financial year ended March 31, 2026.
Dividend Policy
The directors have not recommended any dividend for the year, opting to reserve profits for future development and expansion activities.
Share Capital Expansion
During the financial year 2025-26, the paid-up Equity Share Capital increased significantly from ₹300.02 lakhs to ₹1,225.02 lakhs. This was due to the allotment of 92,50,000 equity shares of face value ₹10 each at a preferential issue price of ₹11.50 per share on January 9, 2026.
Source: BSE
