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The Motor & General Finance LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 04:32 pm

The Motor & General Finance has announced a board meeting on the consolidated financial results for the quarter and year. Revenue rose to ₹697.17 lakh from ₹620.36 lakh year-on-year, with total income at ₹992.74 lakh. Profit before tax dipped to ₹79.66 lakh from ₹116.04 lakh, matching net profit at ₹79.66 lakh. Operations focus on leasing and renting of immovable property. Improved cash flow was aided by lower borrowings. Associates posted losses, with Jayabharat Credit under pressure but backed by promoter funds. No dividend or capital raising plans were shared.

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