Quarterly Result12 Feb 2026, 05:52 pm
Nicco Uco Alliance Credit Ltd Approves Unaudited Financial Results for Q3 2025 with Reduced Losses
AI Summary
Nicco Uco Alliance Credit Ltd announced its unaudited financial results for the quarter and nine months ended 31st December 2025. The company's Board of Directors approved the results, which showed a reduction in losses due to the decision to keep interest on dues to certain institutions in abeyance. The reduction in losses for the current period is Rs. 324 crores, and the cumulative reduction is Rs. 2368 crores. The company has also mentioned pending legal matters, including an appeal against the cancellation of their NBFC license and cases initiated by SFIO.
Key Highlights
- Nicco Uco Alliance Credit Ltd reported unaudited financial results for Q3 2025 with reduced losses.
- The company's decision to keep interest on dues in abeyance resulted in a reduction of losses for the current period and cumulatively.
- Pending legal matters include an appeal against the cancellation of the NBFC license and cases initiated by SFIO.
- The company's financial results were reviewed by the Audit Committee and Statutory Auditors.
- Other comprehensive income represents the difference arising out of revaluation of investments.
Price Impact
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