MSR India Ltd — Results, 29-05-2025: Result

MSR India Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025, with the audit report receiving an unmodified opinion from statutory auditors M/s. M.M. Reddy & Co. The Board appointed M/s. L Sivakumar & Associates as internal auditors for FY 2025-26 and recommended M/s. Nishant Darak & Associates as secretarial auditors for the next five financial years, subject to shareholder approval. The company reported a net loss of ₹16.51 lakh for the quarter and ₹53.39 lakh for the year, primarily driven by operating expenses exceeding income. Total equity stands negative at around ₹1,049 lakh, with borrowings of ₹773 lakh, reflecting ongoing financial challenges. MSR operates across 19 segments including FMCG and copper products. The audit confirms appropriate accounting standards and going concern status, crucial for investor confidence.