Pursuant to Regulation 30 , 33 and schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Board of Directors of the Company at its meeting held today, ....
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Mangalam Industrial Finance Ltd's board approved the unaudited financial results for Q3 and nine months ended December 31, 2025. Total income for Q3 was ₹545.25 lakhs (including a large one-time other income of ₹464.86 lakhs), while profit after tax collapsed to just ₹1.10 lakhs compared to ₹40.81 lakhs in the previous quarter. Core interest income declined to ₹79.26 lakhs from ₹93.03 lakhs in Q2. For the nine months, PAT was ₹75.89 lakhs versus ₹112.78 lakhs a year earlier. The board also approved raising the Related Party Transaction limit subject to shareholder approval via postal ballot, and appointed a scrutinizer for the e-voting process. The auditor flagged additional loan disbursements and earlier EMI servicing delays (later regularized) as an 'Other Matter.'
Sharply weaker Q3 profitability and a continuing drop in core interest income are negative signals for shareholders, though a large non-operating income item masked an otherwise weak quarter. The rights issue completed in December significantly expanded the share base, which will dilute per-share metrics going forward. Approval of higher Related Party Transactions may draw investor scrutiny and will require shareholder vote.