Mallcom (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Mallcom (India) Limited's board, at its May 19, 2025 meeting, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. The company's standalone turnover stood at ₹47,094.04 lakhs with a net worth of ₹28,850.07 lakhs. Statutory auditors S.K. Singhania & Co. issued an unmodified (clean) opinion on both sets of results. The board recommended a final dividend of ₹3 per share (30%) on the ₹10 face value for FY25, subject to shareholder approval. Additionally, the board approved a scheme of amalgamation of its wholly-owned subsidiary Mallcom VSFT Gloves Private Limited (turnover ₹3,291.77 lakhs, net worth ₹1,569.42 lakhs) into the parent company, both operating in the PPE space. The board also re-appointed Mr. Giriraj Mall as Executive Director for five years (June 2025 to May 2030) and re-appointed G C R A & Associates LLP as internal auditor for FY26.
Clean audit opinion and a 30% final dividend signal healthy standalone operations and reward shareholders. The amalgamation with the wholly-owned VSFT Gloves subsidiary streamlines the PPE business and removes intra-group transactions, which is efficiency-positive and should have no impact on the shareholding pattern.