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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Magnanimous Trade & finance Ltd

Magnanimous Trade & Finance: Q2 FY27 Net Profit Rs. 37.93 Lakhs, CS Resignation

RESULTS ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 02 Nov 2026, 05:57 PM IST  ·  BSE ID: ab158feb-9a81-4a77-b4b8-1f41b7cb7226
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its latest financial results, showing a profit of Rs. 37.93 Lakhs, and its Company Secretary resigned.
🤖 AI Summary
  • Board approved Unaudited Financial Results for Q2 FY27, reporting a net profit of Rs. 37.93 Lakhs.
  • Half-yearly net profit for H1 FY27 reached Rs. 83.63 Lakhs.
  • Mr. Jayesh Laxmanbhai Bhavsar resigned as Company Secretary and Compliance Officer, effective November 2, 2026.
  • Resignation cited personal reasons and other commitments as the basis for cessation of services.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit for Q2 FY27
Rs. 37.93 Lakhs
13.63%
Net Profit for H1 FY27
Rs. 83.63 Lakhs
23.73%
Total Income for Q2 FY27
Rs. 78.00 Lakhs
12.99%
Total Income for H1 FY27
Rs. 153.30 Lakhs
21.65%
Paid up equity share capital
Rs. 228.35 Lakhs
Not comparable — limited prior period data.
🏢 How This Affects the Company
💰
Financial Impact
The company reported a net profit of Rs. 37.93 Lakhs for Q2 FY27, contributing to a half-yearly net profit of Rs. 83.63 Lakhs for H1 FY27.
⚙️
Operational Impact
The resignation of the Company Secretary & Compliance Officer necessitates the appointment of a replacement to ensure adherence to regulatory functions.
⚠️
Risk Impact
The departure of a Key Managerial Personnel like the Company Secretary could introduce a temporary risk of non-compliance if the replacement process is not prompt.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance and the departure of a Key Managerial Personnel. The H1 FY27 basic EPS is Rs. 2.93.
🔍
Management Signal
The Board's acceptance of the Company Secretary's resignation indicates a decision to proceed with a management change, while the approval of financial results reflects standard corporate governance.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Announcement of a new Company Secretary and Compliance Officer.
Q3 FY27 financial results for sequential performance trend.
Further updates on reasons for the Company Secretary's resignation.
MEDIUM RISK Resignation of a Key Managerial Personnel (Company Secretary) introduces operational and compliance continuity risk.
💡 Investor Takeaway
Magnanimous Trade & Finance reported a Q2 FY27 net profit of Rs. 37.93 Lakhs and H1 FY27 net profit of Rs. 83.63 Lakhs, up 23.73% from H1 FY26. The Company Secretary and Compliance Officer, Mr. Jayesh Laxmanbhai Bhavsar, resigned effective November 2, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Net profit for H1 FY27 increased to Rs. 83.63 Lakhs compared to Rs. 67.59 Lakhs in H1 FY26.
  • Total Income for H1 FY27 grew to Rs. 153.30 Lakhs from Rs. 126.02 Lakhs in H1 FY26.

⚠️ Concerns

  • Current quarter (Q2 FY27) net profit of Rs. 37.93 Lakhs is lower than the previous quarter (Q1 FY27) net profit of Rs. 45.70 Lakhs.
  • Basic Earnings per Share decreased to Rs. 1.33 for Q2 FY27 from Rs. 2.81 in Q2 FY26, despite a change in equity share capital.
📅 Company Track Record
In H1 FY27, Magnanimous Trade & Finance Ltd. reported a net profit of Rs. 83.63 Lakhs, an increase from Rs. 67.59 Lakhs in H1 FY26. The company's Q1 FY27 net profit was Rs. 45.70 Lakhs, and audited FY26 net profit stood at Rs. 80.58 Lakhs. The Board approved the shifting of the registered office from Rajasthan to Maharashtra in May 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Magnanimous Trade & Finance's net profit in Q2 FY27?
Magnanimous Trade & Finance reported a net profit of Rs. 37.93 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was the half-yearly net profit for Magnanimous Trade & Finance in H1 FY27?
The net profit for the half-year ended September 30, 2026 (H1 FY27) was Rs. 83.63 Lakhs, compared to Rs. 67.59 Lakhs in H1 FY26.
Who resigned from Magnanimous Trade & Finance and when?
Mr. Jayesh Laxmanbhai Bhavsar resigned from the post of Company Secretary & Compliance Officer of Magnanimous Trade & Finance, effective from the closing of business hours on November 2, 2026.
What was the total income for Magnanimous Trade & Finance in Q2 FY27?
The total income for Magnanimous Trade & Finance for the quarter ended September 30, 2026 (Q2 FY27) was Rs. 78.00 Lakhs.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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