Home / Business and Economy / I Secure Credit Sees 98% Sales Plunge, Reports Rs 2.33 Cr Loss

I Secure Credit Sees 98% Sales Plunge, Reports Rs 2.33 Cr Loss

14 Aug

Summary

I Secure Credit's net loss reached Rs 2.33 crore in June 2026 quarter.
Sales plummeted by 98.43% to Rs 0.16 crore in the June 2026 period.
The company experienced a significant profit-to-loss shift from the prior year.

I Secure Credit Sees 98% Sales Plunge, Reports Rs 2.33 Cr Loss

I Secure Credit & Capital Services has reported a significant financial downturn for the quarter ending June 2026. The company incurred a net loss of Rs 2.33 crore during this period. This marks a substantial shift from the previous year, when it had posted a net profit of Rs 6.95 crore for the quarter ended June 2025.

The primary driver for this loss appears to be a drastic reduction in sales. Revenue for the June 2026 quarter declined by an alarming 98.43%, reaching only Rs 0.16 crore. This is a steep drop compared to the Rs 10.20 crore in sales recorded during the corresponding quarter of the prior year.

Operational Profit Margin (OPM) also reflected this challenging quarter, showing a negative percentage. The figures indicate a severe contraction in business activity and profitability for I Secure Credit & Capital Services in the period under review.

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