ALPHA TRIBE

Wagend Infra Venture LtdResults, 30-05-2025: Result

30-05-2025 | 08:24 pm

Wagend Infra Venture Limited has announced a board meeting to approve the audited financial results for the year ended March 31, 2025. The company reported total revenue of ₹42.98 lakh, down from ₹170.80 lakh in the previous year. Expenses stood at ₹39.88 lakh, resulting in a net profit of ₹2.29 lakh compared to a loss of ₹0.56 lakh earlier. The company holds unsecured loans of ₹9.64 Cr repayable on demand, with impairment assessment based on reasonable assumptions. There are disputed income tax demands of approximately ₹91 lakh and ₹83 lakh for past years. The auditors have given an unmodified opinion and confirmed effective internal financial controls. No material uncertainties or litigations affecting financial position were noted.

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