
Quarterly Result15 Nov 2025, 05:32 am
Mega Fin India Ltd Reports Q2 Financial Results, Shows Losses and Going Concern Doubts
AI Summary
Mega Fin India Ltd has reported its financial results for the quarter and half year ended on 30th September 2025. The company's financials were reviewed by the Audit Committee and approved by the Board of Directors. The results indicate losses and substantial accumulated losses, leading to doubts about its ability to continue as a NBFC company. The company's management has prepared the financial statements on a going concern basis. The financial results are in accordance with the Indian Accounting Standards and other recognized accounting principles generally accepted in India.
Key Highlights
- Mega Fin India Ltd reported losses for the quarter and half year ended on 30th September 2025.
- The company has substantial accumulated losses and its activity is standstill, raising doubts about its ability to continue as a NBFC company.
- The financial statements are prepared on a going concern basis by the management.
- The financial results are reviewed by the Audit Committee and approved by the Board of Directors.
- The financial results are in accordance with the Indian Accounting Standards and other recognized accounting principles generally accepted in India.
Price Impact
More from MEGFI