Credent Global Finance Ltd — Board Meeting, 30-05-2025: Board Meeting

Credent Global Finance Limited has announced a board meeting approving the financial results for the quarter and half-year. The standalone net profit after tax stood at Rs. 113.25 lakh, down from Rs. 212.37 lakh in the previous year, while consolidated net profit after tax was Rs. 561.41 lakh versus Rs. 133.56 lakh previously. Total standalone revenue from operations was Rs. 981.20 lakh compared to Rs. 695.60 lakh last year, and consolidated revenue increased to Rs. 1,465.37 lakh from Rs. 1,237.00 lakh. The company completed a share split, changing the face value from Rs.10 to Rs.2 per share, increasing the number of shares fivefold. The auditors issued an unmodified opinion on both standalone and consolidated results, confirming reliability and compliance. Operating cash flow improved significantly on a standalone basis but turned negative for the consolidated entity due to higher working capital requirements. The results reflect steady operational performance amid controlled expenses and moderate impairment charges, relevant for investors tracking financial services sector trends.