Moongipa Capital Finance Ltd — Results, 29-05-2025: Result
29-05-2025 | 04:46 pm
29-05-2025 | 04:46 pm
Moongipa Capital Finance Ltd has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025. Due to market volatility and fluctuating investor sentiment, the Board decided to withdraw the proposed preferential issue of 25 lakh fully convertible warrants priced at Rs 30 each to non-promoter investors. The company’s revenue from operations was Rs 302.62 lakh for the year, with a profit before tax of Rs 211.17 lakh. The company raised Rs 15.27 Cr through a rights issue, with no deviation in the use of proceeds, primarily utilized to augment its capital base and support NBFC activities.
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