Paul Merchants Ltd — Results, 26-05-2025: Result

Paul Merchants Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company’s standalone and consolidated audited financial results, including segment-wise performance, assets and liabilities, and cash flow statements, were approved with an unmodified audit opinion. The statutory auditors highlighted the classification of the Gold Loan Business as discontinued operations following its approved transfer to L&T Finance Limited via a slump sale, expected to complete in June 2025. Penalties totaling Rs. 1.14 Cr were recognized as exceptional items related to past FEMA violations, with the company having paid these and applied to drop further enforcement proceedings. The company reported consolidated revenue from operations of Rs. 813 Cr and profit before tax of Rs. 27.9 Cr for the year. Segment results show strong performance from core operations excluding the discontinued gold loan business. Adjusted prior period figures ensure comparability as per Indian Accounting Standards.