Gujarat Lease Financing Ltd
Financial Results For Quarter Ended June 30, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 30 Jul 2026, 06:34 PM IST · BSE ID: e7c9f764-d701-48be-9ac7-0accc03cf49d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a loss of Rs. 8.03 lakhs, its debt is more than its assets, and it has no future business plans.
🤖 AI Summary
- Gujarat Lease Financing Ltd reported a loss of Rs. 8.03 lakhs for the quarter ended June 30, 2026.
- The company's accumulated losses of Rs. 3119.51 lakhs exceeded its net worth as of June 30, 2026.
- Total liabilities surpassed total assets, leading to financial statements prepared on a non-going concern basis.
- The company stated it has no business plan and does not intend to have any business activity in the near future.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) for the period (IX+XII)
(8.03) lakhs
Not comparable — limited prior period data.
Other Income
9.92 lakhs
Not comparable — limited prior period data.
Total Expenses (IV)
17.95 lakhs
Not comparable — limited prior period data.
Paid-up Equity Share Capital
2712.58 lakhs
Reserve excluding revaluation reserves
(3119.51) lakhs
Basic Earnings per equity share
(0.03)
Not comparable — limited prior period data.
🏢 How This Affects the Company
The company explicitly stated it does not have any business plan and does not intend to have any business activity in the near future, indicating no operational revenue generation.
The reported loss of Rs. 8.03 lakhs further increases accumulated losses, which already exceed net worth, and total liabilities surpass total assets.
With no stated business plan or intention for near-future business activity, there is no operational impact to consider for the period.
The preparation of financial statements on a non-going concern assumption, due to accumulated losses exceeding net worth and liabilities exceeding assets, signals significant financial instability and risk to stakeholders.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's stated non-going concern status, accumulated losses of Rs. 3119.51 lakhs exceeding net worth, and lack of future business plans.
🔍
Management Signal
The management signal indicates a clear decision to operate without a business plan for the foreseeable future, resulting in non-going concern accounting.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly financial results — check for any change in business plans.
Updates on unabsorbed depreciation and carry forward losses status.
Any communication regarding the final Deed of Assignment for charged assets.
HIGH RISK
Company operating on a non-going concern basis, with accumulated losses exceeding net worth and no future business plans.
💡 Investor Takeaway
Gujarat Lease Financing Ltd reported a loss of Rs. 8.03 lakhs for Q1 FY27, an increase from Rs. 5.86 lakhs loss in Q1 FY26. Accumulated losses of Rs. 3119.51 lakhs exceeded net worth, and total liabilities exceeded total assets, leading to financial statements being prepared on a non-going concern basis.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company incurred a loss of Rs. 8.03 lakhs for the quarter, compared to a loss of Rs. 5.86 lakhs in the corresponding prior quarter.
- Accumulated losses of Rs. 3119.51 lakhs exceeded the net worth, and total liabilities surpassed total assets as of June 30, 2026.
📅 Company Track Record
A previous filing on July 30, 2026, also reported a loss of Rs. 8.03 lakhs for Q1 FY27 on a non-going concern basis. The company has a history of an Hon'ble High Court of Gujarat sanctioned scheme of compromise and arrangement with 16 banks in July 2004, with payments made in FY2004-05.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Gujarat Lease Financing Ltd's loss for the quarter ended June 30, 2026?
Gujarat Lease Financing Ltd reported a loss of Rs. 8.03 lakhs for the quarter ended June 30, 2026.
How does this quarter's loss compare to the previous year's corresponding quarter for Gujarat Lease Financing Ltd?
The loss for the quarter ended June 30, 2026, was Rs. 8.03 lakhs, compared to a loss of Rs. 5.86 lakhs in the corresponding quarter ended June 30, 2025.
Why were Gujarat Lease Financing Ltd's financial statements prepared on a non-going concern basis?
The financial statements were prepared on a non-going concern basis because the company incurred a loss of Rs. 8.03 lakhs, its accumulated losses of Rs. 3119.51 lakhs exceeded its net worth, and total liabilities exceeded total assets, with no future business plans.
What was Gujarat Lease Financing Ltd's total income for the quarter ended June 30, 2026?
Gujarat Lease Financing Ltd reported a total income of Rs. 9.92 lakhs for the quarter ended June 30, 2026.
What was Gujarat Lease Financing Ltd's Paid-up Equity Share Capital as of June 30, 2026?
As of June 30, 2026, Gujarat Lease Financing Ltd's Paid-up Equity Share Capital was Rs. 2712.58 lakhs.
Questions based on this BSE filing only. For information purposes.