Please find enclosed herewiht the outcome of board meeting and related documents.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Mid East Portfolio Management Ltd met on April 19, 2025 and approved the audited standalone financial results for the fourth quarter and full financial year ended March 31, 2025. Total income for FY25 jumped to ₹51.28 lakhs from ₹13.95 lakhs in FY24, a rise of about 268%. Profit before tax surged to ₹41.74 lakhs from ₹5.60 lakhs, while basic EPS improved to ₹0.83 from ₹0.11. Net cash from operating activities was strong at ₹62.59 lakhs (vs ₹13.83 lakhs last year), and cash balance rose to ₹14.74 lakhs from ₹3.44 lakhs. The statutory auditors M N C A & Associates issued an unmodified (clean) opinion on the results. The company operates mainly in lending and finance, with no separate reportable segments.
A sharp jump in income and profits, combined with a clean audit opinion and positive operating cash flows, is a positive signal for shareholders. The stock may see some interest, though the absolute numbers remain very small given the company's modest size.