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Kumbhat Financial Services LtdBoard Meeting, 23-05-2025: Board Meeting

23-05-2025 | 04:11 pm

Kumbhat Financial Services Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, with an unmodified audit report. The Board appointed M/S Mundhara and Company as secretarial auditors and M/S R V J & Company as internal auditors for FY 2025-26. Statutory auditors M/S PKF Sridhar & Santhanam LLP resigned but will complete the Q1 2025-26 review; a new auditor will be proposed at the next Board meeting. The Board postponed the AGM and decided against declaring a dividend. The company reported a profit of ₹163.93 lakh with EPS of ₹3.45 per share, backed by strong loan growth to ₹1,756.59 lakh and cash balances rising to ₹380.99 lakh. Borrowings increased to ₹1,500 lakh supporting business expansion in retail loans.

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