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CIN- L67120MH1995PLC084899

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Banas Finance posts Q3 net loss of Rs 40.50 cr

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Dion Global

10 Feb 2026

The company reported standalone net loss during the quarter stood at Rs 40.50 crore as compared to net loss of Rs 0.26 crore in the previous year quarter.

Net revenue of the company declined substantially by 57.64 per cent at Rs 12.95 crore in October-December quarter of this fiscal as against Rs 30.57 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 79.97 per cent to Rs 55.97 crore from Rs 31.10 crore in year ago period.

Other Income grew by 3600.00 per cent at Rs 2.59 crore versus (Dec'24 Rs 0.07 crore).

Operating Profit surged by 8015.09 per cent to Rs -43.01 crore as against Rs -0.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19093.64 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.08 crore