Comfort Fincap Q3 Profit Rises; Sanjiv Swarup Joins Board

19 Jan 2026 CW Team

Comfort Fincap Limited, a non-banking financial company registered with the Reserve Bank of India and listed on BSE, reported improved financial performance for the quarter ended 31 December 2025 while announcing the appointment of Mr Sanjiv Swarup as an Independent Director to strengthen governance and strategic oversight.

For Q3 FY25, the company recorded revenue of Rs 44.7 million, reflecting a 45.5 per cent increase compared with Rs 30.8 million in Q3 FY24. Profit after tax rose sharply by 69 per cent year-on-year to Rs 2.29 million, up from Rs 1.36 million in the corresponding period last year.

Assets under management (AUM) grew 20.6 per cent to Rs 97.8 million, compared with Rs 80.1 million in Q3 FY24, indicating steady portfolio expansion. Net worth strengthened 31.6 per cent to Rs 79.3 million from Rs 74.1 million a year earlier.

Borrowings reduced significantly to Rs 7.99 million from Rs 17.3 million in Q3 FY24, marking a decline of 41.8 per cent and reflecting a continued focus on balance sheet discipline.

During the quarter, Comfort Fincap sharpened its operating framework to enable scalable growth while maintaining financial discipline. Key initiatives included streamlining internal processes to improve turnaround times, strengthening credit assessment and monitoring systems, enhancing cost rationalisation efforts and maintaining a balanced risk profile supported by prudent underwriting.

Commenting on the results, Mr Ankur Agrawal, Chairperson and Director, said FY25–26 represents a key milestone for the company, highlighting its efforts to build a stronger and more resilient organisation. He added that the first nine months’ performance demonstrates Comfort Fincap’s commitment to disciplined growth, operational efficiency and measured innovation aimed at creating long-term value for stakeholders.

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