Outcome of Board Meeting held on Tuesday, 11th November, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Morgan Ventures' board approved standalone unaudited results for Q2 and H1 FY26 (quarter/half year ended 30 September 2025). Total income for Q2 FY26 was Rs 1,395.95 lakhs, up about 11% year-on-year, but for H1 FY26 it slipped 1.7% to Rs 1,948.48 lakhs. Net profit for Q2 rose to Rs 591.20 lakhs (EPS Rs 5.97) from Rs 549.75 lakhs a year ago, while H1 net profit fell sharply to Rs 695.78 lakhs (EPS Rs 7.03) from Rs 1,050.58 lakhs in H1 FY25, a drop of nearly 34%. The decline in H1 profit was mainly because interest expenses jumped about 29% to Rs 783.96 lakhs and a one-time IIFL management fee of Rs 195.45 lakhs was booked in Q1. The statutory auditor (DHA & Co.) issued a clean limited review report with no qualifications.
The company remains profitable and is entirely investment-driven, with virtually all revenue from fair value gains and investment income. Shareholders should note the H1 profit slump, the rising interest burden, and a notably negative operating cash flow of Rs -822.63 lakhs in H1 FY26, which could weigh on near-term sentiment despite the clean audit.