Midwest Gold Ltd — Results, 29-05-2025: Result

Midwest Gold Limited has announced a board meeting on to consider the financial results for the quarter and half-year. The auditors have issued an unmodified opinion on the standalone financial results, confirming they provide a fair view of the company’s financial position and performance. However, the consolidated financial results received a qualified opinion due to Rs. 17.46 Cr classified as Intangible Assets Under Development, for which sufficient audit evidence was not provided to confirm proper recognition. This affects the consolidated numbers but not the standalone results. The consolidated results incorporate several subsidiaries, including overseas entities, audited by other firms.