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Asit C Mehta Financial Services LtdResults, 23-05-2025: Result

23-05-2025 | 08:44 pm

Asit C. Mehta Financial Services Ltd. has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025. The statutory auditors issued unmodified opinions on both standalone and consolidated results. The company reported a standalone loss before tax of Rs. 500.48 lakh for the year, impacted by investment activities, with total income at Rs. 7185.32 lakh. Consolidated results include subsidiaries Asit C Mehta Investment Intermediates Ltd. and Edgytal Fintech Investment Services Pvt. Ltd. The group recorded a consolidated loss before tax reflecting similar trends. The company completed a rights issue in January 2024, raising capital for stated objectives. Related party transactions mainly involve rental income, loans, interest payments, investments, and reimbursements with subsidiaries, associates, and promoters.

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