NCL Research & Financial Services Ltd — Results, 30-05-2025: Result

NCL Research & Financial Services Limited has announced a board meeting on May 30, 2025, to approve the financial results for the quarter and half-year. The company reported total income of ₹139.33 lakh for the quarter, with a profit after tax of ₹9.92 lakh despite a loss before tax of ₹65.43 lakh for the year. Other comprehensive income was positive at ₹9.50 lakh for the quarter, leading to a total comprehensive income of ₹19.42 lakh. The balance sheet shows total assets of ₹122.48 crore, largely consisting of loans at ₹90.36 crore and other financial assets at ₹21.96 crore. Auditor DBS & Associates issued an unmodified opinion but highlighted long-outstanding trade receivables (₹1.75 Cr) and advances (₹21.96 Cr) that management believes are recoverable. The company continues to face challenges from loans where interest has not been recognized due to counterparties' financial difficulties, though management remains confident about recovery.