ALPHA TRIBE

Dam Capital Advisors LimitedOthers, 04-06-2025: Shareholders meeting

04-06-2025 | 03:28 pm

DAM Capital Advisors has announced a board meeting to consider the financial results for the quarter and half-year, approve the final dividend, and handle routine business. The company reported strong FY 2024-25 growth with total income up 37.5% to ₹250 Cr and net profit rising 47.1% to ₹104 Cr. Investment banking revenue grew 27% to ₹155 Cr, led by 20 ECM deals raising over ₹21,700 Cr, while institutional equities revenue jumped 58% to ₹81 Cr from 277 active clients worldwide. A final dividend of ₹1 per share (face value ₹2) is proposed, subject to approval. DAM Asset Management Limited was set up as a wholly owned subsidiary to begin asset management activities. Governance and internal controls are robust, supported by unmodified audit reports. The company remains focused on profitable growth amid India’s expanding capital markets.

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