Submission of Annual Report for the Financial Year 2024-25
METROGLOBL · price
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Metroglobal Ltd has submitted its Annual Report for FY 2024-25. Total income rose modestly by 3.11% to ₹25,368.51 Lakhs from ₹24,604.52 Lakhs in the previous year. However, profit before tax dropped sharply to ₹1,156.32 Lakhs (from ₹2,130.09 Lakhs) and profit after tax fell to ₹945.34 Lakhs (from ₹1,628.48 Lakhs), mainly due to an exceptional write-off of ₹1,694.35 Lakhs. EPS stood at ₹7.66 and net worth was ₹39,854.85 Lakhs. The balance sheet strengthened significantly, with the debt-equity ratio falling to 0.01 and the current ratio jumping to 34.49, reflecting reduced working capital borrowings. EBITDA (before exceptional items) grew to ₹2,603.92 Lakhs from ₹2,266.00 Lakhs. The 33rd AGM is scheduled for September 26, 2025 via video conferencing.
The sharp fall in profit after tax is a key concern for shareholders, driven by a large one-time write-off. However, the core trading business remains stable with modest revenue growth, and the balance sheet is much stronger with very low debt. Investors should weigh the exceptional loss against improved operational efficiency and a stronger liquidity position.