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Sanchay Finvest LtdResults, 11-08-2025: Result

11-08-2025 | 07:52 pm

Sanchay Finvest has filed its financial results for the quarter, reporting a net loss of Rs 0.34 Cr. The auditors issued a qualified opinion, noting the company did not make provisions for expected credit losses of Rs 0.0067 Cr on doubtful trade receivables, which would have increased the loss. Auditors also highlighted issues including non-compliance with board committee compositions, non-payment of preference share dividends, lack of proper systems for balance confirmations, and MSME classification concerns. Additionally, the company wrote off Rs 0.28 Cr in current assets/investments, contributing to the quarter's loss.

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