Sumedha Fiscal Services Ltd — Board Meeting, 16-05-2025: Board Meeting

Sumedha Fiscal Services Ltd. has announced a board meeting on 16-May-2025 where the financial results for the quarter and half-year ended 31-Mar-25 were approved along with the audited financial statements for FY25. The Board has proposed a dividend of Re. 1 per equity share (face value Rs. 10) payable after shareholder approval. M/s ALP & Associates were re-appointed as Internal Auditor for FY26, and M/s Labh & Labh Associates were proposed as Secretarial Auditor for FY26-FY30, subject to shareholder approval. The Board approved continuation of Mr. Vijay Maheshwari as a non-executive director beyond 75 years, subject to shareholder consent.

Standalone performance highlights: Total income grew to Rs. 105.42 Cr, with profit before tax at Rs. 8.49 Cr and net profit at Rs. 6.59 Cr. Equity stood at Rs. 79.84 Cr while reserves increased to Rs. 511.15 Cr. Basic EPS was Rs. 8.25.

Consolidated results showed total income of Rs. 106.20 Cr, profit before tax of Rs. 9.24 Cr and net profit of Rs. 7.28 Cr. Equity including reserves reached Rs. 644.85 Cr. Basic EPS was Rs. 9.12. The company continues its core focus on investment banking and related services through its subsidiary and associates.