Approval of Unaudited Financial Results for the Quarter ended 30/06/2025
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Morgan Ventures Ltd reported unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025), with total income of Rs. 552.53 lakhs, down from Rs. 727.83 lakhs in the same quarter last year — a decline of about 24%. Net profit for the quarter stood at Rs. 104.58 lakhs (EPS Rs. 1.06), sharply lower than Rs. 500.83 lakhs (EPS Rs. 5.06) in Q1 FY25. Income largely came from investment income (Rs. 278.42 lakhs) and fair value gains on investments (Rs. 274.11 lakhs), with no revenue from operations or fees. Total expenses rose to Rs. 486.14 lakhs, mainly driven by management expenses (IIFL) of Rs. 195.45 lakhs and interest on loans of Rs. 275.64 lakhs. Reserves improved to Rs. 8,040.61 lakhs and debt-to-equity ratio eased to 1.88 from 1.92 a quarter ago. The statutory auditor, DHA & Co., issued an unmodified review report.
Weak quarter for shareholders — both revenue and profits fell sharply year-on-year, largely due to lower fair value gains and rising interest/management costs, which may keep the stock under pressure despite an improving debt-to-equity ratio.