Outcome of Board meeting 30.05.2025
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The Board of Directors of Multipurpose Trading & Agencies Ltd met on 30th May 2025 and approved the audited standalone financial results for the quarter and financial year ended 31st March 2025, along with the auditor's report carrying an unmodified (unqualified) opinion. The company also re-appointed M/s Deepak Somaiya & Co., Company Secretaries, as Secretarial Auditor for FY 2025-26. For FY25, total income stood at Rs. 36.09 lakhs (vs Rs. 35.46 lakhs in FY24) and net profit was Rs. 17.03 lakhs (vs Rs. 19.15 lakhs in FY24), with basic EPS of Rs. 0.34. The statutory auditor flagged an emphasis of matter regarding Rs. 2 crore given to a related party (One City Promoters Pvt Ltd, under same management) in FY 2013-14 for a real-estate project, for which no shares or refund has been received till date.
Results show a marginal rise in income but a decline in profit compared to last year, and the long-pending related-party real-estate exposure of Rs 2 crore continues to be a concern for shareholders. The re-appointment of the secretarial auditor is routine and unlikely to affect the stock, while the flat fundamentals and tiny scale suggest limited near-term price action.