Gowra Leasing & Finance Ltd — Important, 14-07-2026: Company Update

**Gowra Leasing & Finance Limited**

Gowra Leasing & Finance Limited has published its unaudited financial results for the quarter. The company reported total income from operations of ₹4.59 Cr and a net profit after tax of ₹2.88 Cr. Basic and diluted earnings per share were ₹3.72. For comparison, the prior year's same quarter saw a total income of ₹11.59 Cr and a net profit of ₹5.81 Cr. Current equity share capital stands at ₹7.75 Cr, with reserves at ₹59.65 Cr.

**Phoenix ARC Limited**

Phoenix ARC Limited is conducting an e-auction to sell a mortgaged flat in Vijayawada, aiming to recover outstanding dues. The property was previously assigned from Motilal Oswal Home Finance Limited. The total amount demanded from the borrower is ₹20.02 Lakh. The e-auction's reserve price is set at ₹9.50 Lakh, requiring an Earnest Money Deposit of ₹0.95 Lakh. The sale will be on an "as is where is" and "without recourse" basis, a standard process for asset recovery.

**Edelweiss Asset Reconstruction Company Limited**

Edelweiss Asset Reconstruction Company Limited has taken possession of three immovable properties in Ranga Reddy and Medak Districts after borrowers failed to repay their dues. This includes a constructed building, a semi-finished villa, and an open plot. The original demand notice amounts were ₹38.82 Lakh, ₹2.47 Cr, and ₹14.86 Lakh for each property respectively. The possession, either symbolic or physical, is a crucial step in the company's asset recovery process. Borrowers retain the option to redeem these secured assets.