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Other Financial Services
Clarification4 Sept 2026, 08:10 pm

Tirupati Fincorp Revises FY26 Annual Report Audit Section

AI Summary

Tirupati Fincorp Limited has issued a clarification regarding its Annual Report for FY 2025-26. The company inadvertently uploaded an incorrect version of the audit report within the annual report and has since revised it. Tirupati Fincorp confirms that the changes between the two versions are cosmetic. The revised Annual Report is available on the company's website. The report also details significant operational restructuring due to RBI directives, leading to a substantial reduction in total revenue to ₹2,512.54 lakhs from ₹11,069.58 lakhs in the previous year. The company recorded a net loss of ₹575.96 lakhs for FY 2025-26, compared to a net loss of ₹82.37 lakhs in FY 2024-25. Balance sheet de-escalation and de-leveraging were key focus areas, with total assets reduced to ₹11,983.07 lakhs and total borrowings to ₹10,503.90 lakhs.

Key Highlights

  • Tirupati Fincorp corrects inadvertent error in FY26 Annual Report audit section.
  • Company confirms only cosmetic changes in the revised audit report.
  • FY26 revenue significantly down to ₹2,512.54 lakhs due to NBFI activity cessation.
  • Net loss for FY26 widened to ₹575.96 lakhs.
  • Balance sheet de-escalated and de-leveraged in response to regulatory directives.