Announced Wed, 23 Apr · 19:43 IST

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Revenue Growth 20pctResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

IIRM Holdings India Limited (formerly Sudev Industries) reported audited consolidated FY25 results with total income of Rs 22,095.28 lakhs, up about 23% from Rs 17,999.80 lakhs in FY24, driven mainly by the full-year consolidation of subsidiary Sampada Business Solutions (acquired in January 2024). Consolidated Profit Before Tax fell slightly to Rs 3,055.39 lakhs (from Rs 3,164.81 lakhs), while Net Profit After Tax declined marginally to Rs 2,140.30 lakhs (from Rs 2,243.80 lakhs). EPS dropped sharply to Rs 3.17 from Rs 12.91, due to a much larger share count following allotments and the Sampada acquisition. The board approved a Scheme of Amalgamation between Sampada and IIRM Holdings (expected in FY26), appointed PS Reddy & Associates as the new Internal Auditor for FY26, and re-designated Mr. Yugandhara Rao Sunkara as a Non-Executive Independent Director. Three small fines totaling Rs 1.25 lakh (ex-GST) from the Calcutta Stock Exchange for non-compliances were noted, with the company stating they have no material impact.

Likely market impact

Strong topline growth was largely a consolidation effect rather than organic expansion, and earnings per share have been heavily diluted. Shareholders should watch progress of the Sampada amalgamation in FY26, which could simplify the group structure but also further affect share count. The CSE penalties and director reshuffle are routine and unlikely to move the stock materially.