Intergrated Filing (Financial)
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LKP Securities, a stock broking firm, filed its audited financial results for Q4 and full year ended March 31, 2025, along with a clean (unmodified) audit opinion from MGB & Co. LLP. Standalone total income grew sharply year-on-year (roughly 40%), driven mainly by higher fees/commission income. Profit after tax also rose strongly, more than doubling on a standalone basis compared to the previous year. During the year, the company acquired the remaining stake in Wise Tech Platforms, making it a 100% wholly-owned subsidiary from December 31, 2024. The company also sold an immovable property to a related party, booking a net gain of around ₹422.56 lakhs in 'Other Income', with shareholder approval obtained via postal ballot. The Board recommended a final dividend of ₹0.30 per share (15% on face value of ₹2).
Clean audit opinion and strong profit growth are positive signals for shareholders. The substantial one-time property sale gain and the conversion of Wise Tech into a wholly-owned subsidiary strengthen the consolidated numbers, though the related-party nature of the property sale is something investors should note. The 15% dividend declaration provides a modest income return.