Glance Finance Ltd

Audit opinion correction

• Corrects Note 1; report now shows a Qualified Opinion per the Limited Review Report.
• Original reference to Unmodified Audit Opinion in Note 1 is replaced with Qualified Opinion in Note 4.
• No other changes to the unaudited financial results; all particulars remain unchanged.

Correction to results labeling

• Correction clarifies labels: June 30, 2026 and June 30, 2025 figures read as Unaudited.
• March 31, 2026 figures labeled Unaudited read as Audited.
• All other particulars of the unaudited financial results remain unchanged.

AGM context and financial results

• Board approved unaudited quarterly results for quarter ended June 30, 2026.
• Directors’ report for year ended March 31, 2026 approved.
• Notes indicate restatement of prior period figures due to Ind AS adjustments.
• Independent auditor expressed an unmodified opinion on the results.
• Audit Committee reviewed the results before Board approval.

Auditor appointments and related governance

• Statutory Auditor appointed: Ashish Bang & Co., Firm Reg. 152247W.
• Term: five years, from conclusion of 32nd AGM to conclusion of 37th AGM.
• Appointment is subject to shareholders’ approval.
• Scrutinizer appointed for 32nd AGM: Shiv Hari Jalan & Co.

Dematerialisation status

• Dematerialisation requests processed and confirmed to depositories.
• Securities dematerialised listed on stock exchanges where corresponding securities are listed.
• Dematerialisation certificates mutilated and cancelled; depository name substituted as registered owner within timelines.

Financial Performance 📊

• Q3 FY26 revenue from operations was ₹44,968 lakh, down 24.2% YoY from ₹59,311 lakh.
• Nine months FY26 revenue from operations was ₹172,618 lakh, down 21.7% YoY from ₹220,430 lakh.
• Q3 FY26 PBT rose 96.5% YoY to ₹11,073 lakh from ₹5,629 lakh.
• Nine months FY26 PBT declined 34.2% YoY to ₹25,952 lakh from ₹39,464 lakh.
• Q3 FY26 PAT increased 84.6% YoY to ₹7,521 lakh from ₹4,075 lakh.
• Nine months FY26 PAT fell 55.7% YoY to ₹10,195 lakh from ₹23,028 lakh.

Segment Performance

• Q3 FY26 Lending & Investment revenue was ₹26,136 lakh; Non-Strategic Business ₹18,832 lakh.
• Q3 FY26 Lending & Investment PBT was ₹8,547 lakh; Non-Strategic Business PBT ₹6,250 lakh.

Expenses & Capital

• Finance costs decreased to ₹677 lakh in Q3 FY26 from ₹1,200 lakh in Q3 FY25.
• Employee benefit expenses rose to ₹1,324 lakh in Q3 FY26 from ₹1,176 lakh in Q3 FY25.
• Total assets as of Dec 31, 2025, were ₹5,961.09 crore; Lending & Investment assets ₹4,740.97 crore.

Corporate & Compliance

• Auditor issued qualified review due to estimated provision for gratuity and leave encashment not actuarially valued.
• Board approved unaudited financial results and segment reporting for Q3 and nine months ended Dec 31, 2025.

Business Model

• Operates two segments: Lending & Investment Division and Non-Strategic Business Division.