Magenta Lifecare Ltd — Updates, 31-05-2025: Company Update

Magenta Lifecare Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total revenue of Rs. 1018.35 lakh for the half-year, with a modest profit before tax of Rs. 6.71 lakh, down significantly from Rs. 102.16 lakh in the previous year. Profit after tax stood at Rs. 8.28 lakh. Expenses increased notably, mainly driven by cost of materials. The company raised Rs. 598 lakh via a fresh IPO of 20 lakh shares at Rs. 35 per share, with no deviation in utilization of funds. Auditor S S R V & Associates issued an unmodified opinion on these results. Related party loans and transactions were disclosed with no material concerns.