Tirupati Fincorp Reports FY26 Net Loss of ₹575.96 Lakhs
Tirupati Fincorp Ltd has submitted its Annual Report for FY 2025-26, detailing a significant net loss of ₹575.96 lakhs, a substantial increase from the ₹82.37 lakhs loss in the previous fiscal year. This downturn is attributed to a mandated operational restructuring following an RBI directive in May 2025 to cease Non-Banking Financial Institution (NBFI) activities. Total revenue for FY26 dropped to ₹2,512.54 lakhs from ₹11,069.58 lakhs in FY25, primarily due to reduced trading volumes and increased finance costs. The company has focused on balance sheet de-escalation, reducing total assets from ₹20,822.44 lakhs to ₹11,983.07 lakhs. The 44th Annual General Meeting is scheduled for September 19, 2026, to be held via Video Conferencing.
Key Highlights
- FY26 net loss widened to ₹575.96 lakhs from ₹82.37 lakhs.
- Total revenue decreased to ₹2,512.54 lakhs in FY26.
- Company is undergoing restructuring post-RBI directive to cease NBFI activities.
- Total assets reduced to ₹11,983.07 lakhs.
- AGM scheduled for September 19, 2026, via VC/OAVM.
Price Impact
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