Annual Report for the FY 2024-25
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Bervin Investment & Leasing Limited has called its 35th AGM on September 26, 2025, along with the Annual Report for FY 2024-25. Total income jumped sharply from ₹2,920 thousand in FY24 to ₹29,086 thousand in FY25, driven by dividends, securities trading and other income. However, a steep loss of ₹26,147 thousand on futures & options (F&O) trading wiped out the gains, pushing the company into a net loss of ₹9,795 thousand compared to a profit of ₹86,165 thousand in the previous year. The Board has not proposed any dividend for FY25. Key agenda items include re-appointment of 78-year-old director Mr. Satish Kumar Murgai, appointment of M/s Kumar Amboj & Associates as statutory auditor for a five-year term (after the previous auditor Mr. Krishan Kumar Gupta passed away in June 2025), and appointment of M/s Manisha Gupta & Associates as secretarial auditor for FY26 to FY30.
Shareholders should note the sharp swing from profit to loss caused by F&O trading losses, which overshadows strong growth in other income. The mid-year change of statutory auditor is procedural (due to the previous auditor's death) but warrants attention, and the absence of a dividend reflects the weak earnings.