Lerthai Finance Limited has announced the outcome of its Board Meeting held on November 11, 2026. The Board approved the unaudited financial results for the quarter and half year ended September 30, 2026. These results, along with a Limited Review Report from statutory auditors B. D. Jokhakar & Co., have been formally documented and shared with stakeholders for their information and record.
Board Approves Financial Results
Lerthai Finance Limited’s Board of Directors convened on November 11, 2026, to review and approve the company’s unaudited financial results for the period ending September 30, 2026. The meeting, which commenced at 11:30 AM and concluded at 3:55 PM, saw the formal adoption of the financial statements for both the second quarter and the first half of the financial year.
Key Financial Highlights
The approved unaudited financial results indicate a Loss before Tax of ₹8.33 lakhs for the quarter ended September 30, 2026, compared to a Loss before Tax of ₹39.63 lakhs for the same period in the previous year. Total Income for the quarter stood at ₹24.47 lakhs, an increase from ₹16.27 lakhs in the comparative period of the prior year. Total Expenses for the quarter were ₹15.67 lakhs. The Net Profit/(Loss) after tax for the quarter was ₹6.49 lakhs.
For the half-year ended September 30, 2026, the company reported a Loss before Tax of ₹8.33 lakhs, against a Loss before Tax of ₹39.64 lakhs in the corresponding period of the previous year. Total Income for the half-year was ₹31.84 lakhs, while Total Expenses amounted to ₹40.17 lakhs. The Net Profit/(Loss) after tax for the half-year was a loss of ₹10.63 lakhs.
Balance Sheet Summary
As of September 30, 2026, Lerthai Finance Limited’s total assets stood at ₹988.74 lakhs, a decrease from ₹1,010.83 lakhs as of March 31, 2026. Equity share capital remained constant at ₹70.00 lakhs, while other equity stood at ₹889.11 lakhs. Total Equity and Liabilities were ₹988.74 lakhs as of the reporting date.
Cash Flow Statement Insights
The cash flow statement for the period ended September 30, 2026, shows a Net cash outflow from operating activities of ₹57.20 lakhs. Investing activities resulted in a Net cash inflow of ₹13.99 lakhs, primarily from interest received on deposits. Financing activities had no recorded cash flow for the period. The net increase in cash and cash equivalents for the period was a decrease of ₹43.22 lakhs, resulting in closing cash and cash equivalents of ₹651.58 lakhs.
Independent Review
B. D. Jokhakar & Co., Chartered Accountants, provided a limited review report on these unaudited financial results. They confirmed that based on their review, nothing came to their attention that caused them to believe the accompanying statement was not prepared in accordance with applicable accounting standards and did not disclose required information, nor did it contain any material misstatement.
Source: BSE
