Mumbai, July 29 -- Total income slipped 81.51% year-on-year (YoY) to Rs 5.41 crore in Q1 FY27.

Profit before tax (PBT) declined 83.85% YoY to Rs 4.55 crore in Q1 FY27 from Rs 28.18 crore in the corresponding quarter of the previous year.

Total expenses declined 21.10% YoY to Rs 0.86 crore in Q1 FY27. Employee benefit expenses rose 37.5% YoY to Rs 0.22 crore, while other expenses fell 30.43% YoY to Rs 0.64 crore during the quarter.

The company's board approved amendments to the Object Clause of the Memorandum of Association (MoA) to align it with its strategic objective of operating as an Unregistered Core Investment Company (CIC) under RBI regulations. As part of the changes, the company will remove clauses related to its discontinued ...