
Quarterly Result30 Jul 2026, 06:40 pm
Gujarat Lease Financing Reports Q1 FY27 Loss of ₹8.03 Lakhs
AI Summary
Gujarat Lease Financing Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹8.03 lakhs for the quarter, an increase from the ₹5.86 lakhs loss in the corresponding quarter of the previous year. Notably, the company's accumulated losses have exceeded its net worth, and total liabilities surpass total assets as of June 30, 2026. The financial statements have been prepared on a non-going concern basis due to the absence of business plans or intent for future activity. Total income for the quarter was ₹9.92 lakhs, while total expenses amounted to ₹17.95 lakhs.
Key Highlights
- Q1 FY27 net loss of ₹8.03 lakhs, up from ₹5.86 lakhs YoY.
- Accumulated losses exceed net worth; liabilities exceed assets.
- Financials prepared on a non-going concern basis.
- Total income ₹9.92 lakhs, total expenses ₹17.95 lakhs for Q1 FY27.
- No revenue from operations reported for the quarter.
Price Impact
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