<h1>Usha Financial Services Approves Quarterly Results and Key Corporate Decisions</h1>
Usha Financial Services Limited held its Board of Directors meeting on August 12, 2026, and approved the unaudited standalone financial results for the quarter ended June 30, 2026. The board also took several significant corporate actions, including approving plans for convertible debentures and finalizing governance appointments.
The company reviewed a Limited Review Report received from its Statutory Auditor for the same quarter. Key resolutions passed during the meeting included the recommendation and approval of Mr. Sudhanshu Singhal (DIN: 08167554) as an Independent Director. Furthermore, the Board considered and approved a material related party transaction with Nupur Nature Resort Private Limited for the Financial Year 2026-2027, pending shareholder approval.
The company also addressed staffing changes in its directorships. The board took note of the cessation of Mr. Pankaj Jain (Din: 00257801) as an Independent Director upon completing his second consecutive term. Simultaneously, Mrs. Nupur Gupta (DIN: 09305281), who is retiring by rotation and remains eligible, was considered and offered the opportunity for re-appointment.
In addition to these governance decisions, the Board of Directors approved the plans for the year, including the approval of Annual Convertible Debentures on a private placement basis and reviewed the Financial Year ended March 31, 2026 report. The meeting also included planning for the company's 30th Annual General Meeting (AGM), where the date, time, place, and notice were fixed, and the appointment of a Scrutinizer for remote e-voting was approved.
Financial performance data presented by Usha Financial Services Limited shows the following results:
| Particulars | Quarter ended 30.06.26 (Unaudited) | Quarter ended 31.03.26 (Audited) | Quarter ended 30.06.25 (Unaudited) | Year Ended 31.03.26 (Audited) |
|---|---|---|---|---|
| Income | ||||
| Total Revenue from Operations | 2,026.20 | 1,763.77 | 1,737.89 | 7,113.41 |
| Other Income | 5.31 | 6.08 | 375 | 17.33 |
| Total Income | 2,031.51 | 1,769.85 | 1,741.64 | 713074 |
| Expenses | ||||
| Total Expenses | 953.54 | 886.79 | 1,027.74 | 4,076.48 |
| Profit before tax | 1,077.97 | 883.06 | 713.90 | 3,054.26 |
| Total tax expense | 274.55 | 227.90 | 179.38 | 808.24 |
| Profit after tax | 803.42 | 655.16 | 534.52 | 2,246.02 |
The company, which is an NBFC engaged in lending to financial institutions, corporates, and individuals across India, reported paid-up equity share capital of 434753 (Face value Rs. 10 each) as of the quarter ending June 30, 2026. Earnings Per Share (Basic) for the period stood at 1.85.
USHAFIN Stock Price Movement
Usha Financial Services Limited shares slipped by 4.54% on Wednesday, settling at ₹41.00 following the trading session. The equity recorded a volume of 19,200 shares, indicating significant activity during the period.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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