Archive · 29 Jul 2026
IndoStar Capital Finance Reports ₹11.47 Crore Net Profit in Q1 FY27
IndoStar Capital Finance Limited, a company based in Mumbai, India, recently announced its financial results for the first quarter of the financial year 2026-27.
The company reported a net profit of ₹11.47 crore, which is a big improvement compared to the large loss they had in the previous quarter.
Their total income increased to ₹366.72 crore, and their expenses decreased significantly.
The company also announced plans to issue new debt and appointed new auditors.
They will hold their annual general meeting in September to discuss these and other proposals.
Overall, the company is showing signs of financial recovery, but they still have some challenges to address, like high finance costs.
IndoStar Capital Finance reported a net profit of ₹11.47 crore for Q1 FY27, up from a net loss of ₹423.93 crore in the previous quarter.
Total income increased to ₹366.72 crore, while total expenses decreased to ₹355.24 crore.
Revenue from operations was ₹363.87 crore, with finance costs at ₹144.38 crore and impairment on financial instruments at ₹81.45 crore.
The company's paid-up equity share capital was ₹161.59 crore, with a basic earnings per share of ₹0.71.
The Board approved the issuance of non-convertible debentures up to ₹6,000 crore and appointed S. R. Batliboi & Co. LLP as statutory auditors.
- Who
- IndoStar Capital Finance Limited
- What
- Reported a consolidated net profit of ₹11.47 crore for Q1 FY27
- When
- For the quarter ended June 30, 2026
- Where
- Mumbai, India
- Why
- To announce financial performance and other corporate actions
Positive Financial Performance
Concerns Over Debt and Expenses
Profit Improvement
Positive Financial Performance
The company reported a significant improvement in net profit, indicating a positive financial turnaround.
Concerns Over Debt and Expenses
Despite the profit, the company still faces high finance costs and impairment on financial instruments.
- Consolidated Net Profit
- ₹11.47 crore
- Consolidated Total Income
- ₹366.72 crore
- Total Expenses
- ₹355.24 crore
- Revenue from Operations
- ₹363.87 crore
- Finance Costs
- ₹144.38 crore
- Impairment on Financial Instruments
- ₹81.45 crore
- Paid-up Equity Share Capital
- ₹161.59 crore
- Basic Earnings Per Share
- ₹0.71
- Annual General Meeting Date
- September 25, 2026
- Trading Window Opening Date
- August 3, 2026