Baid Finserv Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

Baid Finserv has announced a board meeting on May 16, 2025, approving audited financial results for the quarter and year ended March 31, 2025. Profit before tax stood at Rs. 18.14 Cr, with total income rising to Rs. 82.55 Cr from Rs. 66.36 Cr last year. Loan book expanded to Rs. 402.65 Cr versus Rs. 361.94 Cr. Shiv Shankar Khandelwal & Co. were re-appointed as Internal Auditors for FY26, while V. M. & Associates were brought on as Secretarial Auditors for five years, pending shareholder approval. The auditor issued a clean opinion.