Advik Capital Ltd — Results, 23-05-2025: Result

Advik Capital Ltd. has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved both standalone and consolidated audited financials, with the statutory auditor giving an unmodified opinion. The consolidated revenue from operations was ₹28.72 Cr (up from ₹12.92 Cr), but other income declined sharply, leading to a total income of ₹29.30 Cr. The company reported a consolidated net profit of ₹8.23 Cr for the year, up from ₹6.36 Cr. On a standalone basis, revenue rose to ₹23.07 Cr from ₹16.44 Cr, with net profit at ₹5.40 Cr versus ₹4.04 Cr the prior year. The Board appointed Mrs. Nisha Mittal as Company Secretary and onboarded new internal auditors for FY 2025-26 and secretarial auditors for five years, subject to member approval. A postal ballot process was also authorized to seek shareholder approval on key matters. The financials reflect a shift to netting off sales and purchases of securities per accounting standards, and ongoing focus remains on the lending business, which constitutes the primary revenue source.