Gretex Corporate Services Ltd — Others, 23-07-2025: Others
23-07-2025 | 06:36 pm
23-07-2025 | 06:36 pm
Gretex Corporate Services, a leading Merchant Banker, announced its FY25 results. Standalone revenue grew 59% to ₹34.37 Cr with net profit up 67% to ₹12.49 Cr. Consolidated revenue rose significantly to ₹265.72 Cr, though net profit declined to ₹1.82 Cr from ₹36.64 Cr last year. The company successfully completed a ₹45.48 Cr preferential issue and a 9:10 bonus share issue. The Board also proposes a ₹0.30/share final dividend and plans to increase borrowing limits to ₹500 Cr. Gretex is strategically shifting towards Mainboard IPOs. Separately, a SEBI penalty of ₹20 lakh was imposed, and a show-cause notice received, with impact currently unquantifiable.
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