Raama Finance Q1 FY26: Revenue Up 391% as Income Falls

Key numbers in focus

Raama Finance Ltd’s latest quarterly snapshot presents a mixed picture when compared on a quarter-on-quarter basis. The company’s reported total revenue rose sharply, while operating income and net income contracted steeply versus the immediately preceding quarter. The dataset also includes a stock price reference of Rs 16.50, down 1.96%, reflecting a negative move at the time of the update. Separately, the company also disclosed a corporate action update related to its name change on the BSE. For investors tracking small financial services companies, the divergence between revenue and profitability metrics is the key point to parse.

Quarterly comparison: Jun 25 vs Mar 26

The Q1 results table (figures in crores, except per share values) lists “Quarter ended Jun 25” compared with “Mar 26” on a QoQ basis. Total revenue for Jun 25 is shown at Rs 0.17 crore versus Rs 9.63 crore in Mar 26, with a QoQ comparison of 391.37%. At the same time, operating income is reported at Rs 0.00 crore in Jun 25 versus Rs 3.55 crore in Mar 26, down 93.28% on the QoQ comparison line. Net income is also shown at Rs 0.00 crore compared with Rs 2.63 crore, down 94.17%. Total operating expense is listed at Rs 0.16 crore against Rs 6.08 crore, with the table indicating a 657.14% change.

What the “latest quarter” summary says

In the same data pack, the “latest quarter” summary for Raama Finance (BSE: RAAA) reports sales revenue of INR 95.96 million and net income of INR 26.28 million, with EPS of INR 0.14. Normalising these to a common Indian reporting unit, revenue works out to about Rs 9.596 crore and net income to about Rs 2.628 crore for the quarter. The summary also states revenue moved from INR 21.02 million (about Rs 2.102 crore) in the previous quarter to INR 95.96 million, and net income moved from INR 3.11 million (about Rs 0.311 crore) to INR 26.28 million. It also reports revenue per share of INR 99.25 for the latest quarter.

Profitability metrics and EPS indicators

The quarterly table lists diluted normalized EPS at 0.00 for Jun 25 versus 0.14 for Mar 26, a decline of 94.04% on the QoQ comparison line. The same dataset also notes that trailing twelve month (TTM) EPS is 0.17. Another line item in the data states “The profit of Raama Finance is ₹3.06 Crs for TTM,” alongside historical profit figures of ₹0.01 crore for Mar 2025 and ₹0.02 crore for Mar 2024. Taken together, these points show that the company’s per-share and profit metrics are being tracked across both quarterly and TTM lenses in the disclosures provided.

Annual financial context: FY2026 snapshot

For the fiscal year ended 31 March 2026, total revenue is stated as INR 120.35 million, which is about Rs 12.035 crore. Gross profit for the latest fiscal year is reported at INR 112.10 million, or about Rs 11.21 crore. Operating income for the full fiscal year is reported at INR 42.87 million, or about Rs 4.287 crore. Net income for the year is reported at INR 32.39 million, which normalises to about Rs 3.239 crore. The cash flow line “Net Change in Cash” is shown at INR 31.32 million for FY2026, which is about Rs 3.132 crore.

Corporate update: BSE approval for name change

A key non-financial update in the provided text relates to corporate identity. The company informed that BSE Limited issued a final approval letter, via notice no. 20260624-42 dated June 24, 2026, approving the name change from Ramchandra Leasing and Finance Limited to “RAAMA FINANCE LIMITED”. The disclosure states the change is effective July 01, 2026. The update is framed as an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock and listing details referenced

The dataset references the scrip on BSE with code 538540 and sector classification “Financial Services - Misc”, alongside ISIN INE516P01015. A price snapshot shows Rs 16.50, down 0.33 or 1.96%. Another line shows a separate timestamped price movement around July 1, 2026, indicating the stock was tracked around that period as well. While these are point-in-time observations, they provide context for how the counter was trading around the corporate update window.

Timeline of disclosures and scheduled events

The data includes release and event dates that help place the numbers and corporate actions in sequence. It lists “Latest Release 29/05/2026” and an events section showing quarterly results announcement dates. Another upcoming quarterly results announcement date is shown as Aug 13, 2026. These entries suggest investors may see additional formal updates around the scheduled results dates.

Summary table: key financial figures (normalised)

To avoid confusion across different units, the figures below are shown in Rs crore, using the units explicitly stated in the quarterly table and converting “million INR” figures where applicable.

Market impact: what investors can infer from the data

The most direct market takeaway from the numbers presented is the gap between revenue momentum and bottom-line outcomes across the compared quarters. The QoQ comparison table shows revenue rising sharply while operating income and net income drop significantly, which typically forces investors to focus on cost structure, recognition timing, and the consistency of earnings. The annual FY2026 figures provide additional context, showing Rs 12.035 crore in total revenue and Rs 3.239 crore in net income for the year ended March 31, 2026, along with Rs 3.132 crore in net change in cash. On the corporate side, the BSE-approved name change effective July 1, 2026 is a clear compliance and identity update that can affect how the stock is searched, tracked, and reported across broker systems and market data platforms.

Analysis: why the mixed quarter matters

The dataset presents two parallel views of quarterly performance: a crores-based table comparing Jun 25 with Mar 26, and a “latest quarter” summary in million INR that broadly maps to the Mar 26 scale after conversion. The combination highlights how presentation and period labels can materially change interpretation if investors do not check the basis of comparison. The FY2026 snapshot adds a longer-term anchor, with gross profit of about Rs 11.21 crore against revenue of about Rs 12.035 crore, and operating income of about Rs 4.287 crore. The scheduled Aug 13, 2026 quarterly results date is the next clear checkpoint mentioned, and it is likely to be the next formal opportunity for the company to add updated financial statements and narrative context.

Conclusion

Raama Finance’s disclosed figures show a sharp quarter-on-quarter change in revenue and profitability metrics, alongside a formal name change approved by BSE and effective from July 1, 2026. Investors tracking the stock will likely watch the next stated quarterly results event on Aug 13, 2026 for updated numbers and continuity across periods.