Classic Leasing & Finance Q4 FY26 PAT up 475%

Key announcement and why it matters

Classic Leasing & Finance Ltd declared its Q4 FY26 results on May 27, 2026, after the board approved the audited financial statements for the quarter and year ended March 31, 2026. The headline number was a sharp year-on-year rise in profit for the March quarter, with net profit reported at Rs 0.46 crore. The results were disclosed on a standalone basis.

Alongside the improvement in profitability, the audited report carried a qualified opinion from the statutory auditors. That qualification, centred on investment valuation and a large contingent liability, is a major context point for investors tracking the company’s financial risk profile.

The company is based in Kolkata, West Bengal (PIN 700020) and operates in the Leasing and Financial Services segment. It is listed on Indian stock exchanges, with filings submitted to BSE Limited and Calcutta Stock Exchange Limited.

Q4 FY26 numbers: profit rise, income disclosed

For the quarter ended March 31, 2026 (Q4 FY26), Classic Leasing & Finance reported net profit (PAT) of Rs 0.46 crore, up 475.0% from Rs 0.08 crore in Q4 FY25. Separately disclosed audited figures show Q4 net profit of Rs 0.4583 crore (Rs 45.83 lakh) versus Rs 0.0829 crore (Rs 8.29 lakh) in the corresponding quarter of the previous year, which aligns with the rounded headline numbers.

Total income for the quarter stood at Rs 0.5732 crore (Rs 57.32 lakh). Another earnings summary for the same quarter reported revenue of INR 5.73 million (Rs 0.573 crore) versus INR 2.99 million (Rs 0.299 crore) a year ago, consistent with the quarter’s total income figure.

The company also stated that revenue from operations details are available in the BSE or NSE audited filing. In the provided data, the Q4 revenue from operations line is marked as N/A.

Full-year FY26 performance: revenue and earnings growth

For the financial year ended March 31, 2026 (FY26), Classic Leasing & Finance reported revenue from operations of Rs 1.30 crore, up from Rs 0.69 crore in FY25. Net profit after tax for FY26 was reported at Rs 1.12 crore, rising from Rs 0.46 crore in the previous year, translating to profit growth of 143.5%.

The audited results also stated revenue from operations of Rs 1.2990 crore (Rs 129.90 lakh) in FY26 versus Rs 0.6868 crore (Rs 68.68 lakh) in FY25, and FY26 net profit of Rs 1.1168 crore (Rs 111.68 lakh) versus Rs 0.4617 crore (Rs 46.17 lakh) in FY25. These values match the rounded crore-format figures presented elsewhere.

Earnings per share (EPS) improved to Rs 2.22 from Rs 1.54 for the year, based on the disclosed audited results.

Qualified audit opinion: what the auditors flagged

The statutory auditors, M/s Agarwal Khetan & Co., Chartered Accountants, issued an audit report with a qualified opinion. The qualification was linked to two issues disclosed with the audited financials.

First, the company was unable to quantify the fair value of certain investments due to a lack of relevant information from the investee company. Second, the auditors highlighted a contingent liability of Rs 316.31 crore related to a corporate guarantee issued for M/s Kohinoor Steel Private Limited, which is under the Corporate Insolvency Resolution Process (CIRP). The disclosure stated that no provision had been made for this contingent liability.

The data also notes that the unprovided contingent liability is significantly larger than the company’s total equity of Rs 7.57 crore, underscoring why the audit qualification has drawn attention despite the year-on-year earnings growth.

Publication, compliance, and trading window status

The company published its audited financial results for the quarter and year ended March 31, 2026 in newspapers on May 28, 2026. This publication was made under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

It also informed the exchanges that the trading window for dealing in the company’s securities remains closed for designated persons and their immediate relatives until 48 hours after the declaration of the audited financial results.

Stock identifiers and market snapshot cited

Classic Leasing & Finance is tagged under Financial Services - Misc with BSE scrip code 540481 and ISIN INE949C01016. The provided data also states the stock is not traded on NSE.

A market snapshot included in the data indicates a share price of Rs 50.28 and market capitalisation of Rs 61.5940056 crore, calculated based on the latest share price. Another line shows a price move of 48.49, down 1.33 ( -2.67% ), though the exact reference date is not specified in the provided text.

Key figures at a glance

Timeline of disclosures

Market impact and what investors typically track next

The results show a significant year-on-year rise in profits for both the March quarter and the full financial year, with FY26 revenue from operations also increasing from the prior year. At the same time, the qualified audit opinion and the disclosed contingent liability of Rs 316.31 crore are central to how the market may interpret the reported improvement in earnings.

The audit qualification related to both investment valuation and the absence of a provision for the disclosed contingent liability. The disclosure also compared the size of the contingent liability to total equity of Rs 7.57 crore, which frames the scale of the risk relative to the company’s balance sheet. Investors usually watch for further exchange filings that clarify the status of such guarantees, any changes in contingent liability disclosures, and updates related to the insolvency process of the counterparty.

Conclusion

Classic Leasing & Finance’s Q4 FY26 standalone PAT rose to Rs 0.46 crore, and FY26 PAT increased to Rs 1.12 crore, supported by higher revenue from operations of Rs 1.30 crore for the year. However, the audited results also carried a qualified opinion citing investment valuation uncertainty and a Rs 316.31 crore contingent liability linked to a corporate guarantee for a company under CIRP. The next set of exchange disclosures around these audit qualifications and related liabilities will be key reference points after the May 27, 2026 results declaration and May 28, 2026 newspaper publication.