ALPHA TRIBE

Mega Corporation LtdBoard Meeting, 22-05-2025: Board Meeting

22-05-2025 | 05:27 pm

Mega Corporation Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total revenue of ₹601.62 lakh from operations and other income of ₹12.77 lakh, totaling ₹614.39 lakh. Finance costs rose to ₹419.20 lakh, leading to a profit before tax of ₹36.74 lakh and a net profit of ₹25.03 lakh for the year. Other comprehensive income improved significantly to ₹73.90 lakh, bringing total comprehensive income to ₹98.93 lakh. The auditor issued an unmodified opinion and confirmed the adequacy and effectiveness of internal financial controls. The company raised ₹1,000 lakh through a rights issue, strengthening its equity base to ₹2,000 lakh. Loans granted increased to ₹458.32 million, with no overdue amounts reported. No dividends were declared, and the company complied with all applicable governance and reporting standards.

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