Manipal Finance
17.65
0.00(0.00%)
Market Cap₹14.80 Cr
PE Ratio67.88
Company Performance:
1D0.00%
1M0.00%
6M0.00%
1Y+37.89%
5Y0.00%
View Company Insightsright
More news about Manipal Finance
13Nov 25
Manipal Finance Corporation Reports Q2 Results Amid Going Concern Doubts
Manipal Finance Corporation Ltd (MFCL) released unaudited Q2 results for September 30, 2025, revealing significant financial challenges. Auditors issued a qualified review report, expressing concerns about the company's ability to continue as a going concern due to ongoing losses and a majority of funds tied up in Non-Performing Assets. The auditors also highlighted issues with asset realizability and liability settlement. Despite these concerns, management prepared financial statements on a going concern basis. MFCL submitted its unaudited financial results and limited review report to BSE Ltd in compliance with SEBI regulations.
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12Aug 25
Manipal Finance Corporation Reports Q1 Loss, Announces Board Changes
Manipal Finance Corporation Ltd. (MFCL) reported a net loss of Rs 9.85 crore for Q1 ended June 30, 2025, with total income of Rs 1.44 crore. The company announced board restructuring, including the appointment of Ms. Vinoda Chandappa Sherigar as Non-Executive Non-Independent Director and Mr. H Mohandas as Independent Director. MFCL's 42nd AGM is scheduled for September 26, 2025. Auditors raised concerns about the company's ability to continue as a going concern, citing accumulated losses and non-performing assets. Management remains hopeful of recovering dues and maintains a 'going concern' basis for accounts.
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Manipal Finance
17.65
0.0
(0.0%)
1 Year Returns:+37.89%
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