Prism Finance Ltd — Important, 18-08-2025: Company Update

Prism Finance has announced its upcoming 31st Annual General Meeting to consider the financial results for FY25. The company reported a net loss of Rs 1.02 Cr, a significant decline from Rs 5.16 Cr profit last year, with total income nearly halving. Due to accumulated losses, directors do not propose any dividend. A key audit observation highlighted a Rs 1 Cr investment in an unquoted company whose net worth is negative and is under corporate insolvency, with no impairment recognized by Prism Finance, potentially overstating assets. The Debt-to-Equity ratio surged to 3.50% from 0.01%, and Return on Net Worth turned negative at -12.23%.