Ken Financial Services Ltd Approves Q2 Results and Considers Promoter Status Reclassification

Ken Financial Services Ltd Approves Q2 Results and Considers Promoter Status Reclassification

Ken Financial Services Ltd Approves Q2 Results and Considers Promoter Status Reclassification​

Ken Financial Services Limited announced that its Board of Directors held a meeting on August 10, 2026, during which it reviewed and approved the unaudited quarterly financial results for the quarter ended June 30, 2026. The board also considered and approved the request received from Mr. Aashish Jajodia regarding the company's classification status.

The Board meeting, held at the Registered Office of the Company, transacted several key business matters. Among these was the approval of the Unaudited Quarterly Financial Results, which were subsequently reviewed by the Statutory Auditors. The Limited Review Report concluded that nothing had come to the reviewer's attention to suggest that the accompanying statement did not disclose all required information or contained any material misstatement.

The company also addressed a request concerning its classification status. The Board of Directors considered and approved the application submitted by Mr. Aashish Jajodia, which seeks reclassification from the 'Promoter' category to the 'Public' category, pending requisite approvals and shareholder consent.

Financial Performance Snapshot​

Ken Financial Services Limited reported specific financial metrics for the quarter ended June 30, 2026. The standalone unaudited results show how Total Income reached 127.14 (₹ in Lakh).

Key figures from the Statement of Unaudited Financial Results are presented below:

ParticularsQuarter Ended on June 30, 2026 (Unaudited)March 31, 2026 (Audited)June 30, 2025 (Unaudited)March 31, 2026 (Audited)
Income
Revenue from Operations:
a) Interest Income26.8814.5514.3157.50
b) Income From Services100.00-40.0042.37
Total Revenue from Operations126.8814.5554.3199.87
Other Income0.26496.492.62498.24
Total Income127.14511.0456.93598.11
Expenses
a) Finance Cost20.4311.223.5321.45
b) Employee Benefit Expense24.4082.729.90102.67
c) Depreciation and Amortisation Expense0.010.010.010.05
d) Other Expense56.52385.6221.70412.19
Total Expenses101.35479.5735.15536.35
Profit before Tax25.7931.4721.7861.75
Tax expense6.439.356.3118.40
Profit for the Period19.3622.1115.4743.35

Other Financial Details​

The company reported Total Comprehensive Income for the period at 19.74 (₹ in Lakh). Furthermore, Basic and Diluted Earning Per Share was recorded at 0.65 (₹) for the quarter ended June 30, 2026. Paid-up Equity Share Capital stands at 300.01 (₹ in Lakh), with Other Equity recorded at 470.36 (₹ in Lakh).

The company noted that it has only one operating segment, Financial Activity, and stated that disclosure requirements under Ind AS 108 are not applicable for this segment.

Stock Price Movement​

As of 3:09 PM, shares of Ken Financial Services Ltd are edging higher by 0.40%, currently trading at ₹12.62. The stock experienced significant movement today, fluctuating during the trading session between a low of ₹11.95 and a high of ₹13.19.
 

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