Paul Merchants Ltd — Results, 26-05-2025: Integrated Filing

Paul Merchants Limited has announced a board meeting scheduled to approve the financial results for the quarter and half-year ended March 31, 2025. The company’s standalone and consolidated audited results, including segment results, assets and liabilities, and cash flow statements, have been finalized with unmodified auditor opinions. Key operational details include the planned transfer of its wholly owned subsidiary Paul Merchants Finance Pvt Ltd’s gold loan business to L&T Finance Limited by way of a slump sale, expected to complete by June 2025. The gold loan business is classified as discontinued operations in these results. The company incurred penalties totaling Rs. 1.14 Cr related to overseas remittance compliance matters, which have been paid, and is seeking closure of related adjudication proceedings. Earnings remain stable with gains primarily from continuing operations. This transaction streamlines core operations and could positively impact future financial focus for shareholders.