MASTERTRNSEMaster Trust LimitedHighNeutral
Announced Tue, 29 Jul · 16:42 IST

Master Trust Limited has informed the Exchange regarding Board meeting held on July 29, 2025.

Revenue DeclineResults View source PDF

MASTERTR · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) on a standalone and consolidated basis. On a consolidated basis, total revenue from operations fell to Rs. 1,316.6 million from Rs. 1,603.6 million in Q1 FY25, a decline of roughly 18% year-on-year, with the Broking & Allied segment being the largest contributor and also the biggest decliner. Consolidated profit after tax came in at Rs. 271.1 million versus Rs. 346.5 million a year ago, a fall of about 22%. On a standalone basis, PAT was Rs. 20.0 million (vs Rs. 24.4 million YoY), though the prior quarter (Q4 FY25) showed unusually low PAT of Rs. 2.1 million due to a steep one-time tax charge. The Board also noted the group's plan to launch a Mutual Fund AMC, with its application already pending with SEBI, and acknowledged an ET Now 'Best Organisations to Work in 2025' award. The statutory auditor (Bhushan Aggarwal & Co.) issued an unqualified limited review report.

Likely market impact

Mixed quarter for shareholders – consolidated revenue and profits declined year-on-year, mainly dragged by the broking business, which is a concern. However, the planned entry into the Mutual Fund AMC business is a positive growth signal that could diversify revenue over time.