Glance Finance Ltd — Results, 15-05-2025: Result
Glance Finance Ltd has announced a board meeting on which approved the financial results for the quarter and half-year ended March 31, 2025, with an unmodified audit opinion from its statutory auditors. The company reported net profit after tax of ₹231.53 lakh for the year, up from ₹194.08 lakh the previous year. Key financial highlights include interest income of ₹1,441 lakh and total income of ₹2,584.59 lakh. The board also approved the re-appointment of Mr. Narendra Laxman Arora as Whole-time Director for three years from July 1, 2025, subject to shareholder approval. M/s. M. R. Sharma & Co. was re-appointed as Internal Auditor for FY 2025-26, and Mr. Shiv Hari Jalan & Co. was appointed as Secretarial Auditor for five years, both pending shareholder approval. Total assets increased to ₹5,321.22 lakh from ₹4,692.31 lakh, with borrowings reduced to ₹365.75 lakh. Operating cash flow remained robust at ₹1,188.28 lakh.
