MK Ventures Capital Reports Q1 Profit, Announces Auditor Change and Dividend
MK Ventures Capital Ltd (MKCL) reported a consolidated profit after tax of Rs 428.96 crore for Q1 ended June 30, with total income at Rs 655.17 crore. The company's board approved quarterly results, recommended a final dividend of Rs 0.25 per equity share, and announced a change in statutory auditors. M/s. S K Patodia & Associates LLP will replace M/s. ARSK & Associates, subject to shareholder approval at the upcoming AGM on September 25. The company's segment-wise performance showed strong revenues in Loans and Investment (Rs 357.25 crore) and Consultancy (Rs 289.75 crore).