Prism Finance Ltd — Board Meeting, 14-08-2025: Board Meeting

Prism Finance Limited has announced its financial results for the quarter. The company reported a profit of Rs 3.77 crore for the period. However, auditors have issued a qualified conclusion regarding an investment of Rs 1 crore in unquoted shares of BVM Finance Pvt. Ltd., whose net worth is negative. Auditors state this overstates the company's profit and assets as the effect has not been recognized. Management is evaluating the matter and plans to take appropriate action in future quarters. This impacts the company's reported profitability and asset valuation.