Karnavati Finance Ltd — Board Meeting, 29-05-2025: Board Meeting

Karnavati Finance Limited has announced a board meeting held recently, where the audited financial results for the quarter and year were approved along with the auditor’s report expressing an unmodified opinion. The company reported total revenue of ₹1.57 Cr for the year, driven mainly by interest income, but posted a net loss of ₹1.68 Cr for the year, widening from the previous year’s loss. Asset quality pressures persisted with higher NPA provisions of ₹1.75 Cr. Total borrowings reduced to ₹11.09 Cr, supporting improved cash flows from operations. The company remains focused on core financing activities with no reportable business segments.