StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting13 Aug 2026, 04:40 pm

Manipal Finance Declares Un-audited Results for Q1 FY27

AI Summary

Manipal Finance Corporation Ltd announced its un-audited financial results for the quarter ended June 30, 2026, following a Board of Directors meeting on August 13, 2026. The company also announced the 43rd Annual General Meeting on September 25, 2026. The independent auditor's report highlighted concerns about the company's ability to continue as a going concern due to accumulated losses and non-performing assets, though accounts were prepared on a going concern basis based on management's perception. The auditor could not comment on the ultimate realisability of assets or the ability to settle liabilities.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • Board meeting held on August 13, 2026.
  • 43rd AGM scheduled for September 25, 2026.
  • Auditor raises going concern doubts.
  • Concerns over asset realisability and liability settlement.