Lerthai Finance's loss widened 22x in FY26 to ₹42.5 lakh
The nano-cap lender reported a net loss of ₹42.51 lakh for the year ended March 2026, up from ₹1.88 lakh a year ago.
— 1 earlier story on Lerthai Finance Ltd. → ₹42.51 lakh Net loss for FY26, vs ₹1.88 lakh in FY25
What's new
- FY26 net loss jumped to ₹42.51 lakh from ₹1.88 lakh in FY25.
- Results were audited and released in a board meeting outcome.
- Registered office changed within the same city, an administrative move.
Why it matters
A 22-fold jump in losses for a nano-cap lender signals deeper trouble. Routine disclosure, but the deterioration is material for a company of this size.
What we're watching
- Whether the trend continues into FY27.
- Any explanation from management on the loss drivers.
- Impact on net worth and going concern status.
The full read
Lerthai Finance's audited FY26 results show losses ballooning to ₹42.51 lakh from a mere ₹1.88 lakh in FY25. For a tiny finance company, such a swing is a red flag. The board also approved a change in registered office within the same city, a routine administrative item. The filing itself is standard for a nano-cap — periodic, anticipated, and thin on detail. The open question is what drove the loss: bad loans, higher costs, or something else? That detail isn't in this filing.
Mentioned: FY26 results · ₹42.51 lakh loss
Primary source BSE filings for LERTHAI NSE filings for LERTHAI Research LERTHAI on Tijori Finance Our reading is derived from the exchange filing. Verify on the exchange before acting.