Cityman Ltd — Results, 29-05-2025: Result

Cityman Limited has announced a board meeting approving the audited financial results for the quarter and half-year. The company reported no revenue from operations and incurred a loss of Rs 31.48 lakh for the year, slightly improved from Rs 35.32 lakh loss the previous year. Total expenses stood at Rs 31.48 lakh. The balance sheet shows equity at a negative Rs 656.98 lakh, with borrowings increasing to Rs 1397.83 lakh. Cash and cash equivalents remained low at Rs 1.08 lakh. The statutory auditor has given an unmodified opinion, confirming clean and fair financial reporting. The results reflect ongoing challenges with no operational income and continuing losses.