India Lease Development Ltd
India Lease Development Q2 FY27 Results: Net Profit Rs. 0.99 Lakhs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 13 Nov 2026, 03:19 PM IST · BSE ID: 6d7d9374-6dbb-47e6-8c8a-2278a6c9777d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its financial results for July-September 2026, showing a small profit, but auditors flagged a key regulatory non-compliance.
🤖 AI Summary
- Board approved standalone unaudited financial results for the quarter and half year ended September 30, 2026.
- Net Profit for Q2 FY27 stood at Rs. 0.99 Lakhs, compared to Rs. 1.33 Lakhs in Q2 FY26.
- Total Income for Q2 FY27 was Rs. 15.67 Lakhs, an increase from Rs. 14.83 Lakhs in Q2 FY26.
- Auditors noted non-compliance with RBI's Principal Business Criteria for NBFCs as financial assets were below 50% of total assets.
- Fair value changes in long-term investments were not recorded, with management expecting the effect to be immaterial.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Total Income (Q2 FY27)
Rs. 15.67 Lakhs
Net Profit/(Loss) (Q2 FY27)
Rs. 0.99 Lakhs
Total Income (H1 FY27)
Rs. 31.32 Lakhs
Net Profit/(Loss) (H1 FY27)
Rs. (1.66) Lakhs
Total Assets (As at 30.09.2026)
Rs. 963.46 Lakhs
🏢 How This Affects the Company
The ongoing non-compliance with RBI's Principal Business Criteria indicates the company's business model deviates from regulated NBFC operations, impacting its core financial services positioning.
Total Income for Q2 FY27 increased to Rs. 15.67 Lakhs from Rs. 14.83 Lakhs in Q2 FY26. Net Profit decreased to Rs. 0.99 Lakhs in Q2 FY27 from Rs. 1.33 Lakhs in Q2 FY26.
The repeated auditor emphasis on non-compliance with RBI's Principal Business Criteria represents a continued regulatory risk for the company. The omission of fair value changes in long-term investments, even if deemed immaterial by management, could impact the accuracy of reported asset values.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance and the auditors' repeated observation regarding non-compliance with RBI's Principal Business Criteria.
🔍
Management Signal
Management continues to operate the company despite ongoing auditor observations regarding non-compliance with RBI's Principal Business Criteria for NBFCs.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for improvements in net profit and total income trends.
Annual audited results for FY27 — assess auditor comments on RBI compliance and fair value changes.
Any communication from management regarding compliance with RBI NBFC criteria.
HIGH RISK
Auditor's repeated 'Emphasis of Matter' on RBI non-compliance indicates persistent regulatory risk.
💡 Investor Takeaway
India Lease Development reported a Q2 FY27 Net Profit of Rs. 0.99 Lakhs, down from Rs. 1.33 Lakhs in Q2 FY26. Total Income for Q2 FY27 rose to Rs. 15.67 Lakhs. Auditors again emphasized the company did not meet RBI's Principal Business Criteria, a continuing regulatory observation.
⚖️ Strengths & Concerns
✅ Positives
- Total Income increased to Rs. 15.67 Lakhs in Q2 FY27, up from Rs. 14.83 Lakhs in Q2 FY26.
- Half-year Total Income for H1 FY27 increased to Rs. 31.32 Lakhs from Rs. 27.59 Lakhs in H1 FY26.
⚠️ Concerns
- Net Profit for Q2 FY27 decreased to Rs. 0.99 Lakhs from Rs. 1.33 Lakhs in Q2 FY26.
- Auditors highlighted the company's non-compliance with RBI's Principal Business Criteria, as financial assets were less than 50% of total assets at March 31, 2026 and through Q2 FY27.
📅 Company Track Record
India Lease Development's FY26 audited financial results also noted non-compliance with RBI business criteria. Total Income for FY26 was Rs. 65.33 Lakhs. The repeated auditor's observation suggests this is a continuing issue for the company.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is India Lease Development's Net Profit for Q2 FY27?
India Lease Development reported a Net Profit of Rs. 0.99 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was the Total Income of India Lease Development in Q2 FY27?
The Total Income for India Lease Development in Q2 FY27 was Rs. 15.67 Lakhs.
What did auditors highlight in India Lease Development's Q2 FY27 results?
Auditors emphasized that India Lease Development had not satisfied the Principal Business Criteria prescribed under Section 45-I(f) of the Reserve Bank of India Act, 1934, as its Financial Assets constituted less than 50% of its Total Assets as at March 31, 2026 and during Q2 FY27.
What was India Lease Development's Net Profit for the half year ended September 30, 2026?
For the half year ended September 30, 2026 (H1 FY27), India Lease Development reported a Net Loss of Rs. (1.66) Lakhs.
Questions based on this BSE filing only. For information purposes.