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Rita Finance and Leasing LtdBoard Meeting, 14-05-2025: Board Meeting

14-05-2025 | 06:51 pm

Rita Finance and Leasing Limited has announced a board meeting where it approved the audited financial results and accompanying statements for the quarter and financial year ended March 31, 2025. The company reported a net loss of ₹254.85 lakh with no exceptional items reported. Total income for the period stood at ₹30.45 lakh, mainly from interest income. The audit was conducted by J Singh & Associates, who issued an unmodified opinion confirming that the financial results present a true and fair view. There were no indications of going concern issues, and internal controls were assessed as adequate. This update provides clarity on the company's current financial health and ongoing operations for investors.

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