ImportantCompany Update
Classic Leasing & Finance's Board approved its financial results for the quarter and year ended March 31, 2026. The company reported a Profit After Tax of Rs 1.12 Cr for the year, significantly up from Rs 0.26 Cr.
Classic Leasing & Finance Ltd540481 · Filed with the exchange
Total assets increased to Rs 15.13 Cr from Rs 5.71 Cr, and equity turned positive to Rs 7.57 Cr from negative Rs 4.18 Cr.
This follows a preferential issue of Rs 10.64 Cr, fully utilized for working capital.
Auditors issued a qualified opinion due to unquantified investment fair values and no provision for a Rs 316.31 Cr contingent corporate guarantee.
An Extra-Ordinary General Meeting will convene on June 27, 2026.
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