Motor & General Finance
24.66
+0.71(+2.96%)
Market Cap₹95.50 Cr
PE Ratio70.44
Company Performance:
1D+2.96%
1M-4.31%
6M-1.44%
1Y-12.86%
5Y+17.15%
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More news about Motor & General Finance
27Nov 25
Motor & General Finance to Sell Delhi Property for Rs. 183 Crores, Boosting Asset Value
Motor & General Finance Limited (MGF) has approved the sale of a property in New Delhi to Haldiram Marketing Private Limited for approximately Rs. 183.00 crores, net of stamp duty. The property, located at A-30, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi, is expected to be transferred by April 30, 2026. This sale amount significantly exceeds MGF's current fixed assets of Rs. 50.80 crores and could potentially double the company's total assets, which stood at Rs. 176.90 crores as of March 2025. The buyer is not part of MGF's promoter group, indicating an arm's length transaction.
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12Nov 25
Motor & General Finance Reports Mixed Q2 FY2026 Results, Divests Associate Company Stake
Motor & General Finance Limited (MGF) announced Q2 FY2026 results, showing a consolidated net profit of ₹110.63 crore, up from ₹23.01 crore in Q1. Standalone results reported a net loss of ₹205.57 crore. The company divested its stake in Jayabharat Credit Limited, resulting in a standalone loss of ₹248.95 crore but a consolidated gain of ₹54.31 crore. Revenue from operations remained stable at ₹168.04 crore. Other income included ₹42.00 crore as enhancement compensation.
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06Sept 25
Motor & General Finance Reports Profit in Q1 FY24, Reversing Previous Losses
Motor & General Finance Limited (MGF) reported a standalone net profit of ₹1.77 lakh for Q1 FY24, reversing losses from previous periods. Revenue increased by 9.89% to ₹149.11 lakh, while expenses decreased by 48.10% to ₹207.91 lakh. Despite standalone improvements, the company faced a marginal consolidated net loss of ₹0.20 lakh. The earnings per share improved to ₹0.00 from (₹0.26) in the previous quarter.
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Motor & General Finance
24.66
+0.71
(+2.96%)
1 Year Returns:-12.86%
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