Magnum Ventures Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, alongside the approval of terms for the issuance of listed, rated, secured, redeemable, non-convertible debentures (NCDs) aggregating up to INR 50 crores. The Board of Directors also finalized the issuance of these NCDs to the “Neo Special Credit Opportunities Fund”. Furthermore, the Board previously approved a Scheme of Arrangement for the demerger of the company’s paper business, with applications submitted to stock exchanges during the quarter.

Magnum Ventures Limited is a diversified company operating primarily in the paper and hotel industries. Based on 2025 developments, the company has been focused on strategic restructuring, including the proposed demerger of its paper division to streamline operations. Recent corporate actions include securing term loans and managing NCD issuances to optimize its capital structure and meet working capital requirements. The company’s financial results were issued with an unmodified opinion by the statutory auditors.

In the quarter ended March 31, 2026, the company reported a standalone revenue from operations of INR 12,870.82 lakhs, compared to INR 10,188.47 lakhs in the previous quarter and INR 11,889.46 lakhs in the corresponding quarter of the previous year. The standalone profit after tax for the quarter was INR 532.49 lakhs, compared to INR 26.10 lakhs in the previous quarter and INR 539.43 lakhs in the corresponding quarter of the last year. The following table summarizes the comparative performance: