Sonal Mercantile Ltd — Board Meeting, 30-05-2025: Board Meeting

Sonal Mercantile Limited has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. The company reported standalone profit after tax of ₹1,040.68 lakhs on total income of ₹3,540.14 lakhs for the year, with earnings per share at ₹7.06. Consolidated profit after tax stood at ₹1,040.68 lakhs plus share of associate’s profit of ₹2,191.56 lakhs, totaling a comprehensive income of ₹4,407.14 lakhs. Net loans decreased to ₹329.49 Cr from ₹353.32 Cr. Borrowings declined to ₹257.32 Cr. Cash and cash equivalents rose significantly to ₹91.60 lakhs. The audit was carried out with an unmodified opinion. Ms. Surbhi Singhal was reappointed as Internal Auditor for FY 2025-26, while Mr. Nitin Gupta was appointed as scrutinizer for e-voting at the upcoming AGM.