ALPHA TRIBE

Popular Foundations LtdResults, 30-05-2025: Result

30-05-2025 | 04:43 pm

Popular Foundations Ltd. has announced a board meeting to approve the financial results for the quarter and half-year. The company reported revenue from operations of Rs. 58.68 Cr for the year, up from Rs. 51.82 Cr the previous year. Profit after tax increased to Rs. 3.81 Cr from Rs. 3.46 Cr, despite higher material costs and finance expenses. The balance sheet shows growth in shareholder funds to Rs. 42.69 Cr, supported by increased reserves. Operating cash flows were negative, influenced by rising inventories and payables. The statutory auditor, Krishaan & Co., issued an unmodified opinion confirming the accuracy and fairness of the financial statements. This reflects steady business growth and improved profitability for investors to note.

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