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Apoorva Leasing Finance & Investment Company Limited informed the BSE Limited that Singhal & Gupta, Chartered Accountants (FRN: 030703C), have resigned as the company`s statutory auditors with effect from September 4, 2026, citing commercial considerations and changes in the firm`s professional priorities. The auditors were initially appointed on September 28, 2023, and their term was scheduled to expire on September 30, 2028.

Apoorva Leasing Finance & Investment Co Ltd share price softened by 3.68% to Rs 27.5 after the company`s net profit plunged by 100% to Rs 0.0 crore, while revenue from operations dropped sharply 83.33% to Rs 0.12 crore in Q2FY26 over Q1FY26. The market capitalization of Other Financial Services industry group stocks on BSE stood at Rs 63565.43 crore, improving 12.56%. It has eased by 1.58% over last one week and crept higher by 4.43% in last one month while the market capitalization of Apoorva Leasing Finance & Investment Co Ltd has slipped by 5.50% and 21.31% in the same period respectively. Profit before tax (PBT) of Apoorva Leasing Finance & Investment Co Ltd stood at Rs 0.01 crore in Q2 FY26, plunging by 133.33% year-on-year, and remaining flat quarter-on-quarter. EBITDA came in at Rs 0 crore, crashing by 150.00% YoY and tumbling by 91.67% sequentially. Total expenses saw a steep drop of 85.37% to Rs 0.12 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 0.06 crore, remaining flat YoY. For the TTM ended FY26, revenue from operations tumbled 67.66% to Rs 1.19 crore, while net profit witnessed a sharp fall of 81.63% to Rs 0.36 crore, compared to previous TTM. EBITDA surged by 126% to Rs 0.31 crore, and PBT tumbled by 82.06% to Rs 0.47 crore compared to previous TTM. Apoorva Leasing Finance & Investment Co Ltd nosedived by 12.56% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.

Apoorva Leasing Finance & Invtt. Co. will hold a meeting of the Board of Directors of the Company on 14 August 2026.

Net profit of Apoorva Leasing Finance & Investment Co reported to Rs 0.06 crore in the quarter ended March 2026 as against net loss of Rs 0.30 crore during the previous quarter ended March 2025. Sales reported to Rs 0.72 crore in the quarter ended March 2026 as against Rs -0.35 crore during the previous quarter ended March 2025.For the full year,net profit declined 23.81% to Rs 0.32 crore in the year ended March 2026 as against Rs 0.42 crore during the previous year ended March 2025. Sales rose 13.45% to Rs 1.35 crore in the year ended March 2026 as against Rs 1.19 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales0.72-0.35 LP 1.351.19 13 OPM %-4.17148.57 -15.5636.13 - PBDT0.07-0.42 LP 0.420.54 -22 PBT-0.01-0.48 98 0.340.48 -29 NP0.06-0.30 LP 0.320.42 -24 Powered by Capital Market - Live News

Apoorva Leasing Finance & Invtt. Co. will hold a meeting of the Board of Directors of the Company on 30 May 2026.