Superior Finlease Ltd — Results, 23-05-2025: Result

Superior Finlease Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income of Rs. 26.94 lacs for the quarter, down from Rs. 123.89 lacs in the previous year’s corresponding quarter. It incurred a loss of Rs. 7.81 lacs for the quarter, compared to a profit of Rs. 6.34 lacs in the year-ago quarter. For the year, the company posted a marginal profit after tax of Rs. 1.12 lacs, significantly lower than Rs. 6.11 lacs in the previous year. The auditor’s report noted ongoing litigation with SEBI and that revenue recognition was on accrual basis despite non-receipt of some amounts. The audit confirmed adequate internal financial controls and no default in loans or borrowings.