Morarka Finance Ltd — Others, 08-05-2025: Corp Action
08-05-2025 | 02:38 pm
08-05-2025 | 02:38 pm
Morarka Finance Limited has announced a board meeting outcome, adopting the audited financial results for the quarter and year ended March 31, 2025, with an unmodified auditor’s opinion. The Board has proposed a 10% dividend of Re. 1 per equity share, subject to shareholder approval. The company appointed VKM & Associates as Secretarial Auditor for five years, pending shareholder approval. Revenue stood at Rs. 250.13 lakh for the year, with a profit before tax of Rs. 317 lakh. Total comprehensive income was negative at Rs. 6,997.34 lakh, impacted by significant other comprehensive losses. The company remains focused on its NBFC operations with no subsidiaries or associates.
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