Submission of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025 and other business.
SONAL · price
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Sonal Mercantile Limited (BSE: 538943), an RBI-registered NBFC, held its board meeting on May 30, 2025, and approved its audited standalone and consolidated financial results for Q4 and full year ended March 31, 2025. On a standalone basis, total income fell to ₹3,540 lakhs (from ₹3,952 lakhs in FY24), and profit after tax declined to ₹1,041 lakhs (from ₹1,171 lakhs), translating to EPS of ₹7.06 vs ₹7.94. On a consolidated basis, total comprehensive income rose to ₹4,407 lakhs (from ₹4,194 lakhs), boosted significantly by a ₹2,192 lakhs share of profit from associate Rudraveerya Developers Limited (vs ₹1,249 lakhs), pushing consolidated EPS to ₹24.50 from ₹9.50. Statutory auditor Ajay Rattan & Co. issued an unmodified opinion. The board also re-appointed Ms. Surbhi Singhal as internal auditor for FY26 and appointed Mr. Nitin Gupta as scrutinizer for AGM e-voting.
The core standalone NBFC business is shrinking in both revenue and profits, but the consolidated picture is sharply positive thanks to a growing 75% jump in associate company earnings, which materially boosts consolidated EPS and reserves. Shareholders should note the divergence: weak standalone performance offset by strong associate contribution, with no governance or audit concerns flagged.