Outcome of the Board Meeting held on 23rd May 2025
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Manas Properties Limited held its board meeting on 23rd May 2025 and approved the standalone audited financial results for the half-year and year ended 31st March 2025, along with the cash flow statement and statement of assets and liabilities. Statutory auditors Ashok Shyam & Associates issued an unmodified (clean) opinion on the results. For FY25, total income stood at ₹3,972.63 lakhs (vs ₹3,555.90 lakhs in FY24, a growth of about 11.7%), with all income classified under 'Other Income' and nil revenue from operations. Profit after tax rose to ₹2,761.74 lakhs from ₹2,412.39 lakhs (~14.5% growth), while EPS stood at ₹66.39 vs ₹57.99. The company, listed on the SME exchange, also noted that Regulation 23(9) related-party disclosure compliance is not applicable to it, and reported no outstanding loan defaults.
Clean audit opinion and double-digit growth in profits and other income suggest stable financial health for shareholders. Cash and bank balances jumped to ₹7,339 lakhs from ₹4,984 lakhs, strengthening the balance sheet. Marginal impact on stock price expected as the company is SME-listed with low trading liquidity.