Annual report for Fy 2024-25
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Sarvamangal Mercantile Company Limited submitted its 42nd Annual Report for FY 2024-25 along with the notice of the 42nd AGM scheduled for September 25, 2025. Total Income rose sharply to Rs. 252.60 lakhs from Rs. 132.66 lakhs in FY 2023-24, a growth of about 90%. Net Profit jumped to Rs. 178.19 lakhs from Rs. 38.56 lakhs, a growth of around 362%. The company mainly earns income from dividends on its investments in other companies and is not engaged in manufacturing. No dividend was recommended to conserve resources. The Board saw multiple changes during the year, including the appointment of new Independent Directors and a new Managing Director.
Strong year-on-year improvement in both revenue and profitability is positive for shareholders, though the company remains a small investment-holding entity with only 3 employees. No dividend payout means returns depend on stock price or future distributions.