Classic Leasing & Finance Ltd — Important, 03-07-2026: Company Update
03-07-2026 | 10:41 pm
03-07-2026 | 10:41 pm
Classic Leasing & Finance's Board approved its financial results for the quarter and year ended March 31, 2026. The company reported a Profit After Tax of Rs 1.12 Cr for the year, significantly up from Rs 0.26 Cr. Total assets increased to Rs 15.13 Cr from Rs 5.71 Cr, and equity turned positive to Rs 7.57 Cr from negative Rs 4.18 Cr. This follows a preferential issue of Rs 10.64 Cr, fully utilized for working capital. Auditors issued a qualified opinion due to unquantified investment fair values and no provision for a Rs 316.31 Cr contingent corporate guarantee. An Extra-Ordinary General Meeting will convene on June 27, 2026.
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