Magnum Ventures Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Magnum Ventures Limited has announced a board meeting on which it approved the financial results for the quarter and year ended March 31, 2025. The company reported a net profit after tax and other comprehensive income of Rs. 9.40 Cr, despite higher expenses and finance costs. The paper segment showed improved profitability, with continued strong performance in the hotel segment. The board also approved a plan to raise up to Rs. 400 Cr through rated, secured NCDs via private placement, pending shareholder nod. Operational metrics remain healthy, with a debt-equity ratio at 0.25 and current ratio above 2.3.