Manipal Finance Corporation Ltd — Results, 12-08-2025: Result

Manipal Finance Corporation's Board approved the financial results for the quarter ended June 30, 2025, showing a net loss of 0.0958 Cr. The company has announced its 42nd Annual General Meeting will be held on September 26, 2025. Significant board changes include Ms. Vinoda Chandappa Sherigar's retirement as an Independent Director and subsequent appointment as a Non-Executive Non-Independent Director. Mr. H Mohandas was re-designated to Non-Executive Independent Director. Auditors flagged the company's long-term losses and substantial funds tied up in non-performing assets, raising concerns about its ability to continue operations as a going concern.