Please find enclosed herewith the Audited Results and related documents
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Mid East Portfolio Management Ltd, a small non-banking finance company based in Mumbai, reported audited standalone results for the year ended March 31, 2025. Total income jumped to ₹51.28 lakhs from ₹13.95 lakhs in the previous year, an increase of around 267%, driven mainly by higher interest and profit-sharing income. Net profit for the year surged to ₹41.74 lakhs (EPS ₹0.83) versus just ₹5.60 lakhs (EPS ₹0.11) last year, a roughly 7x jump. For the March 2025 quarter alone, net profit was ₹19.67 lakhs on total income of ₹22.84 lakhs. The company continues to carry negative other equity of ₹(140.07) lakhs, though this has improved from ₹(181.81) lakhs a year ago. Statutory auditor M N C A & Associates issued an unmodified (clean) opinion, with one "Other Matter" note flagging uncertainty over GST treatment of profit-sharing income, which the auditors said does not modify their report.
The sharply higher revenue and profits mark a clear turnaround in operating performance and are positive for shareholders. However, the small absolute size, negative accumulated reserves, and the auditor's GST observation suggest investors should watch for sustainability and any tax exposure before drawing strong conclusions about the stock.