Board approves Q2 and H1 results; MD & CEO re-appointed for 5 years
Northern Arc Capital's board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 86,870.75 | 62,744.86 | +38.5% | 77,977.33 | +11.4% |
| Total income | 87,381.00 | 62,869.60 | +39% | 78,282.26 | +11.6% |
| Profit before tax | 17,336.37 | 12,096.69 | +43.3% | 15,294.42 | +13.4% |
| Profit after tax | 12,948.25 | 9,097.54 | +42.3% | 11,410.42 | +13.5% |
| Total comprehensive income | 13,915.37 | 12,951.66 | +7.4% | 15,665.20 | −11.2% |
| Basic EPS | 8.00 | 5.68 | +40.8% | 7.08 | +13% |
- Profit after tax YoY growth
- +42.3%
- Period
- 30 September 2026
Also decided at the meeting
- Re-appointed Mr. Ashish Mehrotra (DIN: 07277318) as Managing Director & CEO for five consecutive years with effect from April 01, 2027, subject to shareholders' approval.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Standalone note 7: Loan Against Property assets of ₹ 15,889.58 lakhs reclassified from amortised cost to FVOCI; fair value gain of ₹ 171.16 lakhs recognised in OCI during the quarter.
- Standalone note 9: Additional ECL provision (management overlay) of ₹ 7,363 lakhs as at 30 September 2026 (31 March 2026: ₹ 6,603 lakhs) for macroeconomic uncertainties.
Board decisions
- Approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, after these were reviewed and recommended by the Audit Committee.
- Approved the re-appointment of Mr. Ashish Mehrotra as Managing Director & Chief Executive Officer for a period of 5 (five) consecutive years with effect from April 01, 2027. The re-appointment is subject to the approval of the shareholders.
- The trading window for designated persons and their immediate relatives stays closed till November 05, 2026 and reopens for trading from November 06, 2026.
What the auditors said
The results carry limited review reports from the joint statutory auditors, Walker Chandiok & Co LLP and R. Subramanian and Company LLP. Their conclusion is that nothing has come to their attention that causes them to believe the standalone statement is not prepared in accordance with Ind AS 34 and the RBI guidelines, or that it contains any material misstatement. A review is narrower in scope than a full audit, and the auditors do not express an audit opinion.
Standalone numbers (all amounts in rupees in lakhs)
- Total income for the quarter ended September 30, 2026 was 86,237.33, against 60,749.13 in the same quarter a year earlier.
- Profit for the period was 13,397.64 for the quarter, against 9,477.90 a year earlier.
- For the half year ended September 30, 2026, Total income was 1,63,257.57 and Profit for the period 25,577.56.
- Total assets stood at 19,08,276.52 as at September 30, 2026.
How to read these lines
- Total income is the top line for the period, before expenses and tax.
- Profit for the period is what is left after tax; it is shown ahead of other comprehensive income, which is a separate block of fair value and remeasurement items.
- These are interim figures, so they are reviewed rather than fully audited, which is normal for quarterly reporting.
What changes for the company
The re-appointment keeps the MD & CEO role settled for another five-year term starting April 01, 2027, but it will take effect only after shareholders clear it. Until then, this is a board-approved proposal placed for shareholder approval.
Also from Northern Arc Capital
Record Q2FY27: Lending AUM up 34% YoY to INR 19,003 Crore, PAT up 41% YoY to INR 129 Crore
3 Nov 2026
Board approves re-appointment of Ashish Mehrotra as MD & CEO for five years from April 01, 2027
3 Nov 2026
Non-Executive Non-Independent Director's term ends, Board approves her as Additional Director for one year
30 Oct 2026
More numbers
- Total income, quarter ended 30 September 2026 (standalone)86,237.33 (Rs in lakhs)
- Total income, quarter ended 30 September 2025 (standalone)60,749.13 (Rs in lakhs)
- Profit for the period, quarter ended 30 September 2026 (standalone)13,397.64 (Rs in lakhs)
- Profit for the period, quarter ended 30 September 2025 (standalone)9,477.90 (Rs in lakhs)
- Total income, half year ended 30 September 2026 (standalone)1,63,257.57 (Rs in lakhs)
- Profit for the period, half year ended 30 September 2026 (standalone)25,577.56 (Rs in lakhs)
- Total assets as at 30 September 2026 (standalone)19,08,276.52 (Rs in lakhs)
- MD & CEO re-appointment term5 (five) consecutive years
- Total income, latest quarter87,381.00 (Rs. in lakhs)
- Total income, year-ago quarter62,869.60 (Rs. in lakhs)
- Total income, previous quarter78,282.26 (Rs. in lakhs)
- Total comprehensive income, latest quarter13,915.37 (Rs. in lakhs)
- Total comprehensive income, year-ago quarter12,951.66 (Rs. in lakhs)
- Total comprehensive income, previous quarter15,665.20 (Rs. in lakhs)
- Profit after tax, latest quarter12,948.25 (Rs. in lakhs)
- Profit after tax, year-ago quarter9,097.54 (Rs. in lakhs)
- Profit after tax, previous quarter11,410.42 (Rs. in lakhs)
- Revenue from operations, latest quarter86,870.75 (Rs. in lakhs)
- Revenue from operations, year-ago quarter62,744.86 (Rs. in lakhs)
- Revenue from operations, previous quarter77,977.33 (Rs. in lakhs)
- Profit before tax, latest quarter17,336.37 (Rs. in lakhs)
- Profit before tax, year-ago quarter12,096.69 (Rs. in lakhs)
- Profit before tax, previous quarter15,294.42 (Rs. in lakhs)
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