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., ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Corporate Merchant Bankers Limited met on 13th August 2025 and approved the unaudited financial results for the quarter ended 30th June 2025 (Q1 FY26), along with the Limited Review Report from statutory auditors J. Singh & Associates. The company reported a profit after tax of ₹57.71 lakhs, a strong turnaround from a loss of ₹4.22 lakhs in the same quarter last year. Total income rose sharply to ₹164.55 lakhs from ₹36.28 lakhs year-on-year, but the entire income came from 'other income' with zero revenue from operations. Total expenses increased to ₹87.57 lakhs from ₹40.50 lakhs, driven by higher employee costs (₹25.91 lakhs vs ₹0.63 lakhs) and other expenses (₹61.66 lakhs vs ₹39.87 lakhs). Basic and diluted EPS stood at ₹0.17 compared to a negative ₹0.01 in Q1 FY25, on a paid-up equity capital of ₹330 lakhs (face value ₹10). The company operates in a single segment — Trading.
The swing from a loss to a profit is positive on the surface, but the absence of any core trading revenue and reliance entirely on 'other income' means the result is not from regular business activity — investors should view this cautiously. The stock may see a short-term positive reaction to the profit turnaround, but the underlying business scale remains very small.