Audited Financial Results for the Quarter and Financial Year Ended March 31, 2025
METROGLOBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Metroglobal Ltd reported standalone total income of Rs 25,366.36 lakhs for FY25, up modestly from Rs 24,592.44 lakhs in FY24 (~3% growth). Profit before tax stood at Rs 1,147.31 lakhs vs Rs 2,090.05 lakhs last year, dragged by a one-time exceptional loss of Rs 1,694.35 lakhs arising from the NCLT-approved resolution plan of Mundara Estate Developers, under which the company received only Rs 1,040 lakhs against admitted claims and wrote off the unrecovered Rs 1,694.35 lakhs. After-tax profit for FY25 came in at Rs 864.53 lakhs (vs Rs 3,650.99 lakhs in FY24, which included large OCI gains). On a like-for-like basis, profit before exceptional items rose ~36% year-on-year. The Board has recommended a final dividend of Rs 2 per share (20%) subject to shareholder approval. Statutory auditors KPSJ & Associates LLP issued an unmodified opinion on both standalone and consolidated results.
The headline FY25 PAT looks weak only because of the one-off Mundara write-off; the underlying trading and finance business actually showed healthy profit growth. The 20% dividend is a positive return signal, but Q4 standalone slipped to a loss (Rs 731.71 lakhs) on the exceptional charge, which may cause short-term volatility in the stock.