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Lerthai Finance LtdBoard Meeting, 15-05-2025: Board Meeting

15-05-2025 | 05:29 pm

Lerthai Finance Limited has announced a board meeting outcome approving the audited financial results for the quarter and year ended March 31, 2025, with an unmodified audit opinion from B. D. Jokhakar & Co. The company reported a net loss of Rs. 18.75 lakh for the quarter versus a profit of Rs. 2.31 lakh in the previous year’s quarter, and a net loss of Rs. 1.88 lakh for the year compared to a profit of Rs. 75.94 lakh previously. Total assets stood at Rs. 1,046.59 lakh, largely unchanged year-on-year. Cash and cash equivalents surged to Rs. 240.13 lakh from Rs. 45.31 lakh, reflecting improved liquidity. The company continues to operate primarily in investments.

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