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Mukesh Babu Financial Services LtdUpdates, 02-05-2025: Company Update

02-05-2025 | 12:18 pm

Mukesh Babu Financial Services Ltd. has announced a board meeting on April 30, 2025, to consider the financial results for the quarter and half-year ended March 31, 2025. The company reported standalone net loss after tax of Rs. 215.87 lakh for the quarter versus a loss of Rs. 123.06 lakh in the previous year’s quarter. For the full year, standalone net profit after tax stood at Rs. 223.44 lakh compared to Rs. 591.07 lakh last year. Consolidated figures showed a net loss after tax of Rs. 213.47 lakh for the quarter and a profit of Rs. 51.16 lakh for the quarter last year. The company also issued public notices regarding property transactions and auction details related to secured assets, reflecting ongoing asset management and recovery processes which are relevant for stakeholders monitoring asset quality and liquidity.

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