ALPHA TRIBE

Magnum Ventures LimitedBoard Meeting, 13-02-2025: Outcome of Board Meeting

13-02-2025 | 05:53 pm

The Board of Directors of Magnum Ventures Limited has met and approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The total income for the quarter is reported at ₹103.27 crore, with a profit before tax of ₹1.13 crore. Notably, the company sold a property for ₹11.32 crore. The board also reviewed segment-wise performance, highlighting revenue contributions from the paper and hotel segments. Additionally, a certificate of security cover was discussed for compliance with the respective debenture trust deeds. The meeting commenced at 3:30 PM and concluded at 5:50 PM.

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