Haryana Capfin profit jumps to ₹536 lakhs, but asset sales did the heavy lifting.
Quarterly net profit surged from ₹28 lakhs last year, driven by gains from selling land and mutual fund units, not operational revenue.
— 2 earlier stories on Haryana Capfin Ltd. →What's new
- Q4 net profit jumped to ₹536.19 lakhs from ₹28.33 lakhs a year earlier.
- The spike was driven by other income, including profit from the sale of land and mutual fund units.
- Annual net profit nearly doubled to ₹976.16 lakhs.
Why this matters
The profit surge is a one-off, not operational growth. With revenue from operations still at ₹653.60 lakhs, the bottom line is dependent on asset disposals. That makes earnings volatile and hard to predict.
What we're watching
- Whether the asset-sale gains recur in future quarters.
- Any further disposal plans from the company.
- Growth in operational revenue, which remains the core test.
The full read
Haryana Capfin's quarterly net profit jumped to ₹536.19 lakhs from ₹28.33 lakhs a year ago. The gain is almost entirely from other income, including profit on the sale of land and mutual fund units. Revenue from operations was ₹653.60 lakhs. For the full year, net profit nearly doubled to ₹976.16 lakhs, but the core business generated little of it. The reappointment of Shruti Raghav Jindal as Whole-Time Director is routine. This quarter's profit is a one-off. The core business barely moved.
Questions answered
- What drove the massive jump in Haryana Capfin's quarterly profit?
- The profit spike was driven by a sharp rise in other income, which included profit on the sale of land and mutual fund units. This was a non-recurring gain, not from core operations.
- How did the company's operational revenue perform?
- Revenue from operations jumped to ₹653.60 lakhs from ₹45.16 lakhs a year ago, but remains modest in absolute terms. It is far smaller than the other income that boosted the bottom line.
- What was the full-year profit figure?
- For the full year, net profit nearly doubled to ₹976.16 lakhs from ₹522.09 lakhs in FY25. The annual growth was also aided by the same asset-sale gains.
- Did the company make any leadership changes?
- The board reappointed Mrs. Shruti Raghav Jindal as Whole-Time Director for another three years starting July 1, 2026. This is a routine governance matter.
Story so far
All notes on HARYNACAP →- 29 May 2026 · 2:39 PM IST Haryana Capfin profit jumps to ₹536 lakhs, but asset sales did the heavy lifting.
- 1d ago Haryana Capfin's profit came from a land sale, not its finance business
- 1d ago Haryana Capfin's profit jumped 19x on land sale gains