Harmony Capital Service Ltd — Board Meeting, 13-05-2025: Board Meeting

Harmony Capital Services Ltd. has announced a board meeting on which it approved the audited financial results for the quarter and half-year ended March 31, 2025. The company reported a loss of Rs. 60.47 lakh for the year, widening from a loss of Rs. 6.73 lakh last year, with no revenue from operations. Total expenses increased to Rs. 60.47 lakh. Cash and cash equivalents decreased significantly to Rs. 7.26 lakh from Rs. 48.56 lakh. The statutory auditor has issued an unmodified opinion on the financial statements. The results reflect continued challenges with no operational income and increasing losses, which shareholders should monitor closely.