Resignation of Mr. Sunny Parekh from the post of Company Secretary & Compliance Officer of the Company with effect from May 31, 2025
FINKURVE · price
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Finkurve Financial Services reported its audited results for FY25 with total revenue from operations rising 56% to Rs. 14,047.93 lakhs and profit after tax up 8% to Rs. 1,740.73 lakhs (EPS Rs. 1.37 vs Rs. 1.27). For Q4 FY25, revenue jumped to Rs. 4,028.40 lakhs but PAT dipped to Rs. 391.38 lakhs versus Rs. 489.24 lakhs a year ago. The board approved 3,06,223 stock options to employees under ESOP 2018, appointed Aadesh Shah & Associates as Internal Auditor for FY26, and confirmed the NCD proceeds of Rs. 27.70 crore raised in Jan-Feb 2025 were fully utilised for lending with no deviation. Company Secretary & Compliance Officer Mr. Sunny Parekh resigned effective May 31, 2025, with Mrs. Kajal Parmar replacing him from June 1, 2025. The Audit Committee was also reconstituted from June 1, 2025.
Strong FY25 top-line growth and steady profitability are positive for shareholders, though the sequential dip in Q4 PAT may draw attention. The smooth KMP transition and unchanged statutory auditor suggest no governance red flags. Net worth stands at Rs. 20,639 lakhs with a healthy CRAR of 44.94%, supporting continued lending growth.