Un-audited financial results as on 30.06.2025
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Manipal Finance Corporation Ltd, an NBFC, reported unaudited financial results for the quarter ended June 30, 2025. Revenue from operations fell sharply to about ₹26.42 lakhs from ₹44.36 lakhs in the same quarter last year, while the company posted a net loss of roughly ₹130.66 lakhs versus a ₹13.59 lakh loss a year ago. The auditor issued a qualified review report flagging serious going-concern doubts, noting that the company has incurred losses over the years and most of its funds are stuck in non-performing assets. The auditor said it cannot comment on whether the company will be able to realise its assets, including leased property, or settle its liabilities. The board also approved the 42nd AGM for September 26, 2025, retired one independent director, and appointed a new independent director.
Shareholders should be cautious — this is a small NBFC with deteriorating results, widening losses, and a formal going-concern qualification from auditors, which signals significant financial stress and asset quality issues that could weigh on the stock.