Hasti Finance Ltd — Board Meeting, 30-05-2025: Board Meeting

Hasti Finance Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net loss of Rs. 809.16 lakh for the year, primarily due to provisioning and loan write-offs totaling Rs. 10.72 Cr related to non-performing assets, with Rs. 5.65 Cr adjusted against expected credit loss provisions. Capital advances of Rs. 2.72 Cr were also written off. Total loans outstanding declined from Rs. 1,443.80 lakh to Rs. 910.38 lakh year-on-year. The auditors issued an unmodified opinion but noted delays and documentation gaps in recovery actions post-default. Overall, results reflect ongoing challenges in asset quality with adequate prior provisioning.