Outcome of Board Meeting held today i.e., November 12, 2025
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The Board of Magnanimous Trade & Finance Ltd approved its standalone unaudited financial results for Q2 FY26 and H1 FY26 on November 12, 2025. Total revenue from operations stood at Rs 68.34 lakhs in Q2 FY26 versus Rs 30.04 lakhs in Q2 FY25, more than doubling year-on-year. For the half year ended September 2025, total revenue from operations rose to Rs 100.42 lakhs from Rs 44.05 lakhs in H1 FY25. The company swung from a loss of about Rs 60.58 lakhs in H1 FY25 to a profit of Rs 67.59 lakhs in H1 FY26, with profit before tax improving sharply to Rs 91.34 lakhs from a previous loss of Rs 62.55 lakhs. Basic EPS for the half year was Rs 5.68 versus a negative Rs 6.37 in the year-ago period. The auditor (Gupta & Shah) issued an unqualified limited review report.
The results show a clear turnaround with strong revenue and profit growth compared to the year-ago period, which is positive for shareholders. However, cash and cash equivalents dropped sharply to Rs 6.54 lakhs from Rs 157.34 lakhs, and operating cash flow remained negative at Rs -511 lakhs, suggesting the profit recovery has not yet translated into healthy cash generation.