Goenka Business & Finance Ltd — Board Meeting, 21-05-2025: Board Meeting

Goenka Business & Finance Ltd. has announced a board meeting approving the financial results for the quarter and half-year, reporting a profit before tax of ₹35 lakh for the quarter but a loss before tax of ₹50.73 lakh for the year. The company’s total income stood at ₹7,811 lakh for the year with finance costs at ₹1,690 lakh. Notably, it made a ₹5 crore investment in a distressed asset accounted at cost due to valuation uncertainties. Non-core business activities contributed ₹3 crore profit during the year. M/s. Harsh Prajapati & Co. was re-appointed as internal auditors for 2025-26. The statutory auditor issued an unmodified opinion on the results.