Mahan Industries Ltd — Results, 22-05-2025: Integrated Filing

Mahan Industries Limited has announced a board meeting outcome where it approved the audited financial results for the quarter and year ended March 31, 2025. The audit report was issued with an unmodified opinion by the statutory auditors, M/s. SDPM & Co. The company issued and allotted 9 lakh equity shares to non-promoters during the quarter. The standalone balance sheet shows total assets of Rs. 873.63 lakh with equity at Rs. 516.09 lakh and borrowings of Rs. 346.66 lakh. Net cash from operations was negative, reflecting some working capital pressures. There was no deviation in the usage of Rs. 2.25 Cr raised through a preferential equity share issue, which was utilized as intended for working capital and capital adequacy.