MPIL Corporation Ltd — Board Meeting, 14-05-2025: Board Meeting

MPIL Corporation Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, audited by M/s. M D Pandya & Associates with an unmodified opinion. The company reported a loss of ₹2.29 Cr for the year, with total revenue of ₹1.87 Cr and expenses at ₹3.86 Cr. It has recommended a dividend of 4.5% per equity share out of accumulated profits. The balance sheet shows total assets of ₹19.9 Cr against total equity of ₹13.6 Cr and borrowings of ₹0.22 Cr. Internal financial controls are deemed adequate and effective. No material uncertainties or frauds were noted during the audit.