Algoquant Fintech Ltd — Results, 31-05-2025: Result
Algoquant Fintech Limited has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved the audited standalone and consolidated financial results with the auditors issuing unmodified opinions. Key management changes include the resignation of Ms. Barkha Sipani as Company Secretary and Compliance Officer, effective May 31, 2025, and the appointment of Mr. Krishna Kumar Yadav in the same role from June 1, 2025. Mr. Dhruv Gupta's designation changed from Non-Executive to Whole-time Executive Director, subject to shareholder approval. The Board also appointed M/s Parth P Shah & Associates as Secretarial Auditor and M/s VBRG & Associates as Internal Auditor for FY 2025-26.
The financial year ended with revenue from operations at ₹234.54 Cr, expenses at ₹196.79 Cr, and a net profit of ₹32.58 Cr. The company’s equity capital stands increased to ₹6.25 Cr (face value ₹2 each) after amalgamation and bonus shares issuance. Amalgamation with Algoquant Investments Pvt. Ltd. and Growth Securities Pvt. Ltd.’s stock broking business was accounted for from April 1, 2023, restating prior period financials. Algoquant also received SEBI registration as a stock broker/clearing member. Operationally, the company focuses on financial instruments trading and stock broking, with a single reportable business segment. The changes in capital structure and management reflect strategic expansion and strengthened governance post-merger.
