Please find enclosed Outcome of Board Meeting dated 15.05.2025 for approving Audited Financial Results for the 4th quarter and year ended 31st March, 2025.
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The Board of Directors of Quest Capital Markets Ltd approved the audited financial results for the quarter and year ended 31 March 2025 on 15 May 2025. Total revenue from operations stood at Rs. 2,581.12 lakhs for FY25, compared to Rs. 2,645.79 lakhs in FY24, a marginal decline of about 2.4%. Profit after tax was Rs. 1,962.57 lakhs (FY24: Rs. 2,015.17 lakhs). The Board recommended a dividend of Rs. 2.5 per equity share (25%), subject to shareholder approval, amounting to a cash outflow of Rs. 250 lakhs. Investments grew sharply to Rs. 1,41,713.25 lakhs from Rs. 96,322.78 lakhs, and total assets reached Rs. 1,44,001.06 lakhs. Statutory auditor V. Singhi & Associates issued an unmodified opinion, and net cash from operating activities was a healthy Rs. 1,937.97 lakhs.
Shareholders stand to receive a Rs. 2.5 per share dividend, though a slight dip in revenue and profit may temper sentiment. The strong growth in investments and clean audit opinion are positives for the stock. Investors should note the significant jump in deferred tax liabilities (over 2x), which warrants scrutiny.