Shardul Securities Ltd — Results, 28-05-2025: Result

Shardul Securities Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025, with an unmodified audit opinion. The company reported a standalone loss before tax of Rs. 82.82 Cr for the quarter, compared to a profit of Rs. 43.97 Cr in the same quarter last year, largely due to a significant negative net gain on fair value changes. For the full year, it posted a standalone profit before tax of Rs. 30.39 Cr and profit after tax of Rs. 21.69 Cr. Consolidated results showed a loss before tax of Rs. 89.22 Cr for the quarter and a profit before tax of Rs. 44.79 Cr for the year, reflecting the group's investment and finance activities along with its broking segment. The company has appointed M/s. Atul HMV & Associates LLP as its internal auditor for the fiscal 2025-26. Total assets stand at Rs. 606.65 Cr standalone and Rs. 738.40 Cr consolidated, supported by equity of Rs. 57.41 Cr and Rs. 70.40 Cr, respectively. The results underscore challenges in the investment portfolio marked by fair value volatility but maintain profitability at the annual level, emphasizing the company's focus on investment and finance activities alongside broking operations.