Magnanimous Trade & Finance Share Price Today

Magnanimous Trade Q2FY27 net profit falls 17% QoQ to ₹37.93 lakh

Net profit for Q2FY27 fell 17% QoQ to ₹37.93 lakh. Revenue from operations rose to ₹78.00 lakh, driven by interest income. Total expenses nearly doubled QoQ to ₹27.31 lakh, impacting margins. Loan portfolio expanded to ₹3,606.97 lakh as on September 30, 2026.

Magnanimous Trade & Finance AGM results: All resolutions passed with high majority

All five AGM resolutions passed with requisite majorities. FY26 financial statements adopted with 21,026,712 votes in favour. Kurjibhai Premjibhai Rupareliya re-appointed as Director. Two independent directors regularized via Special Resolutions.

Magnanimous Trade & Finance posts 83% profit drop in FY26, sets AGM

Net profit fell 83% YoY to ₹80.58 lakh in FY26 as revenue dropped 75% to ₹264.40 lakh. Sales revenue was nil in FY26 compared to ₹970.17 lakh in FY25, while interest income rose to ₹237.25 lakh. 41st AGM scheduled for September 30, 2026, to adopt financials and regularize two independent directors. Kurjibhai Premjibhai Rupareliya seeks reappointment as Managing Director; no dividend recommended.

Magnanimous Trade Q1 Results: Net profit jumps 141% QoQ to ₹45.7 lakh

Magnanimous Trade & Finance posted a strong Q1FY27 with net profit soaring 141% QoQ to ₹45.7 lakh, driven by an 86% rise in operating income to ₹75.3 lakh. EPS jumped to ₹1.60 from ₹0.74, reflecting improved operational efficiency without any exceptional items impacting the results.

Magnanimous Trade appoints two independent directors

Magnanimous Trade & Finance Limited expands its board with two new independent directors, Darvin Kiyada and Rushi Savliya, effective July 25, 2026. The appointments, driven by the Nomination and Remuneration Committee, aim to strengthen corporate governance. Final approval rests with shareholders at the upcoming General Meeting.

Magnanimous Trade & Finance accepts resignations of two directors

Magnanimous Trade & Finance Limited accepted the resignations of Independent Director Mr. Nevil Kamdar and Executive Director Mr. Dhaval Parekh, effective July 21, 2026, due to pre-occupancy and other commitments. The company confirmed compliance with SEBI regulations and stated there were no other material reasons for the departures.