
Leading Leasing Finance Q3 2026 Unaudited Results Approved
Leading Leasing Finance And Investment Company Ltd announced that its Board of Directors has approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The board meeting took place on October 22, 2026. A limited review report from the statutory auditors, S K Bhavsar & Co., was also provided. The auditors noted significant issues, including un-deposited tax deducted at source amounting to ₹1.96 crore for FY 2025-26, for which no interest was provided. Additionally, confirmations for loans and advances given, and unsecured loans taken, were not available, and the auditors could not verify their existence, recoverability, or completeness. Provisions for interest income and expense were based on management-provided data that could not be verified. The company's trading of shares and securities also relied on management-provided data and broker ledgers that were not reconciled with contract notes.
Key Highlights
- Board approved unaudited financial results for Q3 2026.
- Auditors noted un-deposited TDS of ₹1.96 crore.
- Confirmation of loan balances could not be obtained.
- Provisions for interest income/expense unverified.
- Trading data not reconciled with contract notes.
Price Impact
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