Sumedha Fiscal Services News

Sumedha Fiscal Services Reports Strong Q1 Results, Approves Voluntary Delisting from Calcutta Stock Exchange

Sumedha Fiscal Services Limited announced its quarterly results for the quarter ended June 30, 2025, showing significant financial performance improvements. On a standalone basis, the company reported total income of Rs. 2,025.32 lakhs compared to Rs. 1,668.90 lakhs in the previous quarter, with net profit after tax rising to Rs. 284.67 lakhs from Rs. 57.51 lakhs. Earnings per share increased to Rs. 3.57 from Rs. 0.72 in the previous quarter. On a consolidated basis, total income reached Rs. 2,031.65 lakhs with net profit after tax of Rs. 291.34 lakhs. The Board of Directors also approved the voluntary delisting of the company's equity shares from the Calcutta Stock Exchange while maintaining its listing on BSE Limited. The company stated that the delisting will not affect shareholder interests as shares will continue to be listed and traded on BSE, which has nationwide trading terminals. The merchant banking company operates primarily in investment banking services.

Sumedha Fiscal Services Reports Strong Q1 Results, Approves Voluntary Delisting from Calcutta Stock Exchange

Sumedha Fiscal Services Limited approved its standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. The company reported standalone net profit after tax of Rs. 284.67 lakhs compared to Rs. 192.30 lakhs in the same quarter last year, with earnings per share of Rs. 3.57. Total income from operations reached Rs. 1,964.14 lakhs versus Rs. 3,406.52 lakhs in the previous year quarter. On a consolidated basis, net profit after tax was Rs. 291.34 lakhs compared to Rs. 199.07 lakhs in the corresponding quarter. The board also approved voluntary delisting of equity shares from the Calcutta Stock Exchange while maintaining listing on BSE Limited. The company stated that delisting from CSE will not affect shareholder interests as shares remain listed and traded on BSE, which has nationwide trading terminals. Sumedha Fiscal Services is registered with SEBI as a Merchant Banker and operates primarily in Investment Banking.