ALPHA TRIBE

Gajanan Securities Services LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 10:33 pm

Gajanan Securities Services Limited has announced a board meeting on which approved the financial results for the quarter and half-year ended March 31, 2025. The statutory auditor, P Khetan & Co, expressed an unmodified opinion on both standalone and consolidated results. The company reported a standalone net profit of ₹10.50 lakh for the year, with revenue from operations of ₹3.08 lakh, and total expenses of ₹10.45 lakh. On a consolidated basis, the group posted a profit of ₹23.08 lakh on total income of ₹27.77 lakh. The company reduced its stake in Shakambhari Oversea Trade Pvt. Ltd. from 23.41% to 11.80%, leading to reclassification of the investment as a financial asset measured at fair value, with adjustments made in retained earnings. Cash flows from operations were positive on a consolidated basis, while standalone cash flows declined.

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