Sumedha Fiscal Services Ltd — Updates, 16-05-2025: Company Update

Sumedha Fiscal Services Ltd. has announced a board meeting approving the financial results for the quarter and half-year ending 31-Mar-25. The company reported standalone revenue from operations of Rs. 16.69 crore and consolidated revenue of Rs. 16.74 crore for the quarter. Net profit stood at Rs. 5.58 crore standalone and Rs. 8.48 crore consolidated for the year. The Board has recommended a dividend of Re. 1 per equity share (face value Rs. 10). M/s ALP & Associates was re-appointed as Internal Auditor for FY 2025-26, and M/s Labh & Labh Associates was appointed as Secretarial Auditor for five years, subject to shareholder approval. Mr. Vijay Maheshwari’s continuation as Director beyond 75 years was approved, pending shareholders’ nod. The company operates primarily in investment banking with steady earnings and maintained adequate financial controls.