Usha Financial Services Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Usha Financial Services has announced a board meeting where it approved the financial results for the half-year and year ended March 31, 2025. The company posted consolidated revenue of Rs. 60.62 Cr and a profit after tax of Rs. 13.80 Cr, up from Rs. 12.79 Cr last year. Equity capital rose to Rs. 21.74 Cr after a recent IPO raised Rs. 98.45 Cr, fully deployed for working capital and corporate needs. Provisions were made on some overdue loans, with management confident of recoveries through resolution efforts.