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Abhinav Leasing & Finance LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 04:26 pm

Abhinav Leasing and Finance Limited has announced a board meeting on the approval of the audited financial results for the quarter and year ended March 31, 2025, accompanied by the auditor’s report from GAMS & Associates LLP containing a modified opinion. The company reported total income of Rs. 39.32 Cr and total expenses of Rs. 38.52 Cr, resulting in a net profit of Rs. 0.23 Cr for the year. The auditor’s qualification relates to the company’s accounting software lacking an audit trail feature, but the management is in the process of updating it. The company has no overdue loans, no pending litigations affecting finances, and maintains adequate internal controls. There has been no deviation in the use of IPO proceeds.

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