Gyftr Approves Q1 FY27 Unaudited Results, Appoints Two Non-Executive Directors
Gyftr Limited approved un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company appointed Mr. Arvind Prabhakar and Ms. Puja Punj as Non-Executive Directors and accepted the resignations of Mr. Kapil Garg and Ms. Gunjan Jain. Standalone Profit Before Tax was ₹525.61 lakh.
The appointment of new directors and resignation of existing ones are significant corporate actions. The approval of financial results is a routine event. The qualified conclusion by the auditor on a pending litigation introduces a moderate level of risk and potential financial impact that warrants attention.
The announcement includes routine financial results, board appointments, and resignations. While the financial results are presented, the auditor's report includes a qualified conclusion on a pending litigation, which introduces a degree of uncertainty. The overall sentiment is neutral as there are no significant positive or negative financial drivers highlighted.
Gyftr Limited (formerly LKP Finance Limited) announced the outcome of its Board of Directors meeting held on August 14, 2026. The Board approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026.
In addition to the financial results, the Board also approved the appointment of Mr. Arvind Prabhakar and Ms. Puja Punj as Additional Directors in the category of Non-Executive Director, effective August 14, 2026. Concurrently, the Board accepted the resignations of Mr. Kapil Garg and Ms. Gunjan Jain from their positions as Non-Executive Non-Independent Directors, also effective August 14, 2026, due to personal reasons.
The financial results indicate a Profit Before Tax of ₹525.61 lakh for the standalone entity and ₹688.97 lakh for the consolidated entity for the quarter ended June 30, 2026. The company has transitioned from its Non-Banking Financial Company (NBFC) operations to focus on the gift voucher and rewards business, with its NBFC license surrendered on March 20, 2026. A qualified conclusion was noted by the auditors regarding a pending litigation concerning borrowings from Kingfisher Airlines Limited, which the company is contesting.
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Gyftr Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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