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 lakhs for the half-year, with a profit after tax of Rs. 8.28 lakhs. Equity share capital increased to Rs. 686.99 lakhs following a fresh IPO issuance of 20 lakh shares at Rs. 35 per share, listing on the BSE SME platform. The statutory auditor issued an unmodified opinion, confirming the financial statements present a true and fair view. The company remains focused on its household furnishings segment, with no deviation in the utilization of IPO proceeds.