GCM Commodity & Derivatives Ltd — Results, 26-05-2025: Result

GCM Commodity & Derivatives Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a significant loss of ₹472.02 lakhs in the half-year ended March 2025, compared to a profit in the previous period, mainly due to a large ₹410.17 lakh loss on trading/investments. Total income stood at ₹27.95 lakhs, while expenses totaled ₹498.87 lakhs. The company holds ₹1593.59 lakhs in receivables from National Spot Exchange Limited, currently under litigation, with part of it repayable to clients. Expected credit loss of ₹268.04 lakhs was recognized against disputed receivables. Advances of ₹56.14 lakhs given for share acquisitions remain unsettled. Cash flow from operations was positive at ₹275.32 lakhs despite the loss, reflecting working capital adjustments. The audit was completed with an unmodified opinion.