We attached herewith Fresh Corporate Announcement as per BSE mail dated 24.05.2025. BM outcome was originally uploaded within due course of time on 23.05.2025. We are attaching the0 fresh ....
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SM Auto Stamping's board met on 23 May 2025 and approved audited standalone and consolidated financial results for the half-year and full year ended 31 March 2025, with a clean (unmodified) opinion from statutory auditors S.R. Rahalkar & Associates. Standalone revenue from operations dipped marginally to Rs 6,638.33 lakhs (vs Rs 6,756.37 lakhs in FY24), while net profit fell to Rs 274.97 lakhs (from Rs 300.37 lakhs), translating to EPS of Rs 2.01 (vs Rs 2.12). On a consolidated basis, net profit stood at Rs 311.77 lakhs with EPS of Rs 2.28. Other income more than doubled to Rs 188.72 lakhs, and reserves grew to Rs 668.06 lakhs standalone. The board also approved the re-appointment of Non-Executive Director Alka Mukund Kulkarni (spouse of MD Mukund Kulkarni) by rotation, gave omnibus approval for related party transactions for FY26, and adopted the internal and secretarial audit reports.
Modest decline in revenue and profitability may temper short-term sentiment, but stronger reserves and a sharp cut in short-term borrowings (from Rs 532.78 lakhs to Rs 66.24 lakhs) improve the balance sheet. Clean audit and related-party clearance for FY26 provide governance comfort for shareholders ahead of the AGM.