Magenta Lifecare Ltd — Board Meeting, 31-05-2025: Board Meeting

Magenta Lifecare Limited has announced a board meeting on 31st May 2025, approving the financial results for the quarter and half-year ending March 2025. Revenue from operations stood at Rs 434.12 lakhs for the half-year, with a modest profit before tax of Rs 0.41 lakhs. The company reported a profit after tax of Rs 4.63 lakhs. The Board appointed M/s. Gaurav Bachani & Associates as Secretarial Auditor for FY 2024-25 and M/s. MJM Patel & Co. as Internal Auditor for FY 2025-26. The company's equity share capital is Rs 68.7 Cr. Cash & bank balances increased sharply to Rs 144.29 lakhs. Auditors issued an unmodified opinion, indicating clean financials.