Neelkanth Rockminerals Ltd — Board Meeting, 30-05-2025: Board Meeting

Neelkanth Rock-Minerals Limited has announced a board meeting approving the financial results for the quarter and half-year. The company reported total income of Rs. 66.40 lakhs, mainly from interest on loans and advances to unrelated parties, with a net profit of Rs. 37.01 lakhs for the year. The management plans to discontinue its lending activities as it currently operates like a Non-Banking Financial Institution but lacks RBI registration. The company’s cash position improved, with cash and equivalents rising to Rs. 42.40 lakhs. The auditor issued an unmodified opinion on the financials, affirming their accuracy and compliance.