Integrated Filing- Financial

Magnum Ventures Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. The company reported revenues from operations at ₹102.92 Cr, compared to ₹86.72 Cr for the same period last year, while other income decreased to ₹0.12 Cr from ₹8.16 Cr.

Total expenses climbed to ₹102.37 Cr, leading to a profit before tax of ₹1.13 Cr after accounting for tax liabilities.

The company is managing ongoing legal issues related to a penalty imposed by SEBI but is appealing the decision, which could impact future cash flows.

The announcement reflects a cautious yet stable operational outlook, potentially providing investors with a neutral sentiment as the company navigates regulatory challenges.