TruCap Finance Ltd
📉 TruCap Finance Q3 2025 Results: Net Loss Widens Amid Asset Quality Concerns
• Standalone net loss for Q3 2025: ₹4,222.51 lakhs (vs. profit of ₹123.02 lakhs in Q3 2024)
• Impairment on financial instruments rose to ₹3,524.81 lakhs from ₹136.21 lakhs year-over-year
• Security cover for secured borrowings became inadequate due to financial stress
• Defaulted on certain financial covenants, potentially triggering immediate repayment demands
• No fresh funds raised during the quarter; previous issuances fully utilized or forfeited
• Fund Based Activities segment reported loss before tax of ₹5,179.85 lakhs
• Gross NPA ratio reached 19.94% as of Dec 31, 2025 (vs. 2.80% a year earlier)