We wish to inform you that the Board of Directors of the Company at its Meeting held today has: 1. Approved the Audited Financial Statements of the Company for the year ended 31st March, ....
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The Board of Varun Mercantile Limited approved the audited financial results for the quarter and year ended 31 March 2025. The company has no revenue from operations; its income is entirely from other sources (interest/investments), which rose modestly to ₹37.86 lakh in FY25 from ₹33.10 lakh in FY24. Profit Before Tax grew about 23% to ₹22.57 lakh, and Profit After Tax jumped roughly 30% to ₹13.00 lakh (from ₹9.97 lakh), lifting EPS to ₹0.65. No dividend was recommended for FY25, and the auditor issued a clean (unmodified) opinion. The balance sheet shows cash and bank balances of ₹519.86 lakh, almost no liabilities, and a negative operating cash flow of ₹(23.23) lakh for the year.
The company looks like a small investment/holding entity with no core business activity — profits are driven by interest income on its cash pile rather than operations. The PAT growth is positive on paper, but persistent negative operating cash flow means earnings are not translating into operating cash. For shareholders, this is essentially a cash-rich, low-activity company with no dividend; stock price impact is likely limited.