CSL Finance Limited Approves Q1 Results and Reappoints Managing Director Rohit Gupta for Five Years

CSL Finance Limited Approves Q1 Results and Reappoints Managing Director Rohit Gupta for Five Years​

CSL Finance Limited has reported its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting held on August 12, 2026. The company also approved the re-appointment of Mr. Rohit Gupta as Managing Director for an extended term of five years.

The company's performance during the quarter saw Total Income reach 7,034.60 lakh. Revenue from operations stood at 6,997.02 lakh, driven by Interest Income Fees and Commission (6,586.90 lakh), commission income (281.98 lakh), and Bad Debt Recoveries (128.14 lakh). Profit after tax for the quarter was recorded at 755.28 lakh. Total Comprehensive Income reached 2,213.33 lakh.

The results were reviewed by S.R. Dinodia & Co. LLP. The company's financial stability indicators remain strong, with a Debt equity ratio reported at 57.24%. Furthermore, the net profit margin for the quarter was 42.45%, and the Provision Coverage Ratio (PCR) stood at 31.48%.

Key Financial Highlights (Quarter Ended June 30, 2026)​

The following table outlines a comparative view of key financial metrics:

Management and Corporate Structure Updates​

A major highlight from the Board meeting was the approval of Mr. Rohit Gupta's re-appointment as Managing Director for a further period of five consecutive years. His term is set to run from August 10, 2027, to August 09, 2032, subject to shareholder approval in the Annual General Meeting.

The Board also approved the alteration of the Company's Articles of Association, specifically introducing Article 107A, which grants the right of debenture trustee(s) to appoint a nominee director. Mr. Rohit Gupta's profile was detailed during this re-appointment, noting his extensive experience in merchant banking, corporate finance, and structured lending within the financial sector.

The company confirmed that it had maintained the requisite security cover as of June 30, 2026, relating to the issuance of Non-Convertible Debentures (NCD) aggregating to 260 crore, which were allotted in two tranches on April 28, 2026, and May 21, 2026. The proceeds from these NCDs are being utilized for onward lending purposes by CSL Finance Limited.

In addition to the financial results, the company confirmed that it had followed all reporting requirements related to the utilization of issue proceeds from non-convertible securities, confirming there was no deviation or variation in the use of funds raised during the quarter ended June 30, 2026.

CSLFINANCE Stock Price Movement​

Shares of CSL Finance Limited are slipping by 0.25% as of 3:15 PM today, with the stock trading at ₹223.66 after shedding ₹0.55 in value from the previous close. The equity has seen significant intraday movement, carving out a range between a low of ₹219.99 and a high of ₹228.49 on 18,371 shares traded so far.