Advik Capital Ltd — Updates, 23-05-2025: Company Update

Advik Capital Ltd. has announced a board meeting outcome where it approved the financial results for the quarter and year ended March 31, 2025, with an unmodified auditor’s opinion. Consolidated revenue from operations rose to Rs. 2,871.57 lakh compared to Rs. 1,291.67 lakh in the previous year, but the company reported a consolidated net loss of Rs. 122.23 lakh for the quarter, though a net profit of Rs. 823.33 lakh for the year. On a standalone basis, revenue reached Rs. 2,306.96 lakh with a net profit of Rs. 539.77 lakh for the year. Advances grew significantly, nearing Rs. 290 Cr. The Board appointed Mrs. Nisha Mittal as Company Secretary and named M/s G Mansi & Associates as Internal Auditors for FY 2025-26, and proposed reappointment of M/s Shubhangi Agarwal & Associates as Secretarial Auditors for five years, pending shareholder approval. The Board authorized a postal ballot process for key shareholder approvals.