Glance Finance Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026. The Board of Directors, in a meeting held on November 13, 2026, approved these results, which were accompanied by a limited review report from the statutory auditors. The financial statements, including the profit and loss statement, balance sheet, and cash flow statement, detail the company’s performance for the specified periods.
Glance Finance Limited Announces Financial Results for Q2 FY27
Glance Finance Limited has officially released its unaudited financial results for the second quarter and the first half of the financial year ended September 30, 2026. The company’s Board of Directors convened on November 13, 2026, to review and approve these financial statements, along with a limited review report provided by the statutory auditors.
Key Financial Highlights
The reported financial results indicate the company’s performance across various metrics. For the half year ended September 30, 2026, the total income stood at ₹2,97.38 Lakhs, with total expenses amounting to ₹133.21 Lakhs, resulting in a profit before tax of ₹164.17 Lakhs. The net profit after tax for the same period was ₹65.53 Lakhs. Earnings per share (EPS) for the half year were reported as ₹2.90 (basic and diluted, not annualized).
Statement of Profit and Loss Details
The detailed Profit and Loss Statement shows revenue from operations including interest income, dividend income, fees and commission income, and net gain on fair value changes. Expenses such as finance costs, employee benefit expenses, and depreciation are also itemized. The financial results include adjustments for prior period errors and other comprehensive income items.
Balance Sheet and Cash Flow
The Statement of Assets and Liabilities as of September 30, 2026, outlines the company’s financial position, with total assets amounting to ₹6,180.56 Lakhs and total liabilities and equity at ₹6,180.57 Lakhs. The Cash Flow Statement for the half year ended September 30, 2026, details the cash generated from operating, investing, and financing activities, showing a net increase in cash and cash equivalents of ₹(39.37) Lakhs.
Auditor’s Review
The financial results have undergone a limited review by the company’s statutory auditors. A qualified conclusion was noted regarding the provision for gratuity and leave encashment, which was not done as per actuarial valuation as required under Ind AS 19 ‘Employee Benefits’. However, the company has made these provisions on an estimated basis.
Source: BSE
