Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today i.e., ....
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Bridge Securities' board, meeting on 25 April 2025, approved audited financial results for the quarter and year ended 31 March 2025. Full-year FY25 revenue rose sharply to Rs. 197.69 lakhs from Rs. 80.03 lakhs in FY24, with net profit jumping to Rs. 127.43 lakhs from Rs. 51.65 lakhs. However, Q4 FY25 swung to a net loss of Rs. 48.33 lakhs (versus a profit of Rs. 72.58 lakhs in Q3 FY25), driven almost entirely by a one-time tax provision of Rs. 48.91 lakhs. The balance sheet improved with total assets at Rs. 476.93 lakhs and negative other equity narrowing to Rs. (113.99) lakhs from Rs. (241.43) lakhs. The company also raised Rs. 72.50 lakhs via share warrants during the year, and the auditor Mitali Modi & Co. issued an unmodified opinion.
Strong annual performance with more than doubled profit is a positive, but the Q4 loss caused by a large tax provision and negative other equity may concern short-term traders. Long-term shareholders will note improving net worth and successful warrant issuance as signs of recovery.