Algoquant Fintech Ltd — Results, 31-05-2025: Result
Algoquant Fintech has announced a board meeting on May 30, 2025, where it approved the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2025, with the auditors issuing an unmodified opinion. The company recorded total revenue from operations of ₹23,454.52 lakh and a net profit of ₹3,257.53 lakh for the year. The board accepted the resignation of the Company Secretary and Compliance Officer, Ms. Barkha Sipani, effective May 31, 2025, and appointed Mr. Krishna Kumar Yadav as her successor from June 1, 2025. Mr. Dhruv Gupta’s designation changed from Non-Executive to Whole-time Director for five years, subject to member approval. M/s Parth P Shah and Associates were appointed secretarial auditors, and M/s VBRG & Associates were appointed as internal auditors for FY 2025-26. The company completed a composite scheme of amalgamation effective April 1, 2023, merging its holding company and stockbroking business, which materially expanded its operations and equity base. The scheme raised the authorized share capital to ₹3.5 Cr and resulted in issuance of equity shares to shareholders of the amalgamated entities and bonus shares to existing shareholders. The company has also received SEBI registration as a stock broker and clearing member, enhancing its business capabilities. Cash and cash equivalents stood at ₹211.50 lakh at year-end, with borrowings reduced to ₹2,049.83 lakh. Net profit growth and operational expansion post-amalgamation highlight the company’s strengthening financial position and strategic growth.
