StockWatch
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Non Banking Financial Company (NBFC)
Quarterly Result12 Aug 2026, 07:43 pm

Nicco Uco Alliance Credit Ltd Declares Unaudited Q1 FY27 Results

AI Summary

Nicco Uco Alliance Credit Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated results, along with the Limited Review Report from statutory auditors BCAG & Associates. The company also noted several key points in its financial statement, including the pending appeal against RBI's NBFC license cancellation, ongoing SFIO proceedings, non-confirmation of bank balances for NPA accounts, and a significant understatement of loss due to non-provision of interest on dues to banks and IFC(W).

Key Highlights

  • Board approved unaudited standalone and consolidated financial results for Q1 FY27.
  • Limited Review Report from statutory auditors was submitted.
  • NBFC license appeal and SFIO proceedings are ongoing.
  • Significant understatement of loss due to non-provision of interest on bank dues.
  • No pending investor complaints as of June 30, 2026.