The Motor & General Finance Limited Announces Q2 Results and Approves Key Board Matters
The Motor & General Finance Limited has disclosed its unaudited financial results for the quarter ended June 30, 2026, alongside approving several significant corporate decisions made during a recent Board Meeting.Key outcomes of the board meeting included the approval of the Directors’ Report, various related party transactions, and the appointment of an Internal Auditor for the 2026-2027 fiscal year.
Annual General Meeting and Corporate Appointments
The company confirmed that its 96th Annual General Meeting (AGM) is scheduled to be held on Thursday, September 24, 2026, at 11:30 A.M. at the registered office through Video Conferencing (VC)/Other Audio Visual Means (OAVM).The Board meeting also covered several key corporate matters:
- Director Retirement: Sh. Rajiv Gupta, Chairman & Managing Director & CEO, will retire by rotation in accordance with the Articles of Association.
- Statutory Auditors Remuneration: The board approved the authority to fix remuneration for Mis Jagdish Chand & Co., Chartered Accountants (Firm Registration No 000129N), who serve as Statutory Auditors for the financial year ending March 31, 2027.
- Special Approvals: The meeting considered and approved Related Party Transactions and the company’s Contribution to Bonafide and Charitable Funds.
- Process Appointments: Ms. Anjali Yadav, Proprietor of M/s Anjali Yadav & Associates, was appointed as Scrutinizer for e-voting processes at the AGM. Central Depository Services (India) Limited (CDSL) was also approved for conducting the e-voting process. Alankit Assignments Ltd. was approved as the Registrar and Share Transfer Agent (RTA) for the AGM.
- Internal Auditor: The Board considered and approved the re-appointment of Mr. Sudhir Kumar Agarwal, Chartered Accountant (M No.08496), as an Internal Auditor for 2026-2027.
Financial Performance Highlights (Q ended June 30, 2026)
The company released its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. These results were approved by the Audit Committee and taken on record by the Board of Directors. The trading window for the stock had been closed since July 1, 2026, and was set to reopen on August 14, 2026.Standalone Unaudited Financial Results (in Lakhs)
The financial performance across different periods is summarized below:
| Particulars | Quarter ended 30-06-2026 (Unaudited) | Quarter ended 31-03-2026 (Audited) | Quarter ended 30-06-2025 (Unaudited) | Year ended 31-03-2026 (Audited) |
|---|---|---|---|---|
| Income | ||||
| Revenue From Operations / Other Income | 240.49 / 74.61 | 74.61 / 57.72 | 57.72 / 236.33 | 285.56 |
| Total Income | 426.52 | 248.95 | 236.33 | 969.77 |
| Expenses | ||||
| Employee benefits expense | 6.30 | 56.11 | 51.78 | 222.32 |
| Finance Costs | 8.54 | 27.30 | 27.00 | 116.12 |
| Depreciation and amortisation expense | 91.89 | 27.00 | 24.74 | N/A |
| Other expenses | 161.06 | N/A | N/A | N/A |
| Net Profit/(Loss) for the period | - | 132.83 | N/A | 15,707.26 |
Note: Income figures in Lakhs are presented as (Revenue from Operations / Other Income).
Consolidated Unaudited Financial Results (in Lakhs)
The consolidated results for the quarter ended June 30, 2026 were also approved by the Board of Directors. The data includes the financial performance of associates such as India Lease Development Limited (a 31.35% equity share holding).
| Particulars | Quarter ended 30-06-2026 (Unaudited) | Quarter ended 31-03-2026 (Audited) | Quarter ended 30-06-2025 (Unaudited) | Year ended 31-03-2026 (Audited) |
|---|---|---|---|---|
| Income | ||||
| Revenue From Operations | 186.03 | 174.34 | 178.61 | 684.21 |
| Other Income | 240.49 | 20.31 | 57.72 | 285.56 |
| Total Income | 426.52 | 194.65 | 236.33 | 969.77 |
| Expenses | ||||
| Employee benefits expense | 54.33 | 56.11 | 51.78 | 222.32 |
| Finance Costs | 6.30 | 5.71 | 6.06 | 24.03 |
| Depreciation and amortisation expense | 8.54 | 27.30 | 25.76 | 106.07 |
| Other expenses | 91.89 | 265.29 | 127.99 | 645.12 |
| Net Profit/(Loss) for the period | 226.63 | 14,547.62 | 23.01 | 14,678.35 |
Auditor and Committee Review
Jagdish Chand & Co., the Statutory Auditors, issued a Limited Review Report on both the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. The auditors expressed an unmodified opinion regarding the statements prepared in accordance with Indian Accounting Standards (Ind AS).The review process found that while fair value changes in long-term investments were not made in the current results, this factor is expected to be considered in the audited accounts for the year ended March 31, 2027.
MOTOGENFIN Stock Price Movement
The Motor & General Finance Limited shares slipped by 1.47% today, settling at ₹26.25 after closing market trading. The stock saw movement within an intraday range spanning from a low of ₹25.85 to a high of ₹26.54.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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