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Kumbhat Financial Services LtdUpdates, 25-05-2025: Company Update

25-05-2025 | 02:59 am

Kumbhat Financial Services Limited has announced a board meeting on which approved the financial results for the quarter and half-year ended March 31, 2025, reflecting a profit of ₹163.93 lakh and an EPS of ₹3.45. The board noted an unmodified audit report and appointed M/S Mundhara and Company as secretarial auditors and M/S R V J & COMPANY as internal auditors for FY 2025-26. The statutory auditors, M/S PKF Sridhar & Santhanam LLP, resigned citing size and fee alignment issues but will complete the Q1 FY 2025-26 review. The board decided to convene the AGM later and not declare any dividend. Total assets stand at ₹2175.57 lakh with a borrowings increase to ₹1500 lakh, supporting growth in retail loans.

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