Vertex Securities Limited Announces Q3 FY25 Financial Results and Auditor Appointment

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Financial Performance Overview

Vertex Securities Limited (BSE: 531950) has reported its unaudited standalone and consolidated financial results for the quarter ended December 31, 2024. The Board of Directors reviewed and approved the financial statements in their meeting on February 1, 2025.

Key Financial Highlights (₹ in Lakhs)

ParticularsStandalone (Q3 FY25)Standalone (9M FY25)Consolidated (Q3 FY25)Consolidated (9M FY25)
Revenue from Operations₹180.07₹701.49₹180.07₹748.79
Total Income₹183.85₹713.33₹193.33₹748.79
Total Expenses₹231.62₹742.43₹272.19₹764.99
Profit Before Tax (PBT)₹(47.77)₹(29.10)₹(44.10)₹(16.20)
Net Profit / (Loss)₹(47.77)₹(29.10)₹(44.10)₹(16.20)
Earnings Per Share (EPS)₹(0.06)₹(0.04)₹(0.06)₹(0.03)

Board Approvals and Key Announcements

  1. Financial Results Approval
    • The unaudited standalone and consolidated financial results for Q3 FY25 were approved.
    • The financials were reviewed by independent auditors Deoki Bijay & Co., who found no material misstatements.
  2. Appointment of Secretarial Auditor
    • M/s. Yogesh Sharma & Co. was re-appointed as the Secretarial Auditor for FY 2024-25.
    • The firm specializes in Company Law, SEBI LODR Regulations, and compliance services.

Management Commentary

Aniket Malekar, Company Secretary & Compliance Officer, stated:
"The company remains committed to enhancing operational efficiencies and exploring growth avenues despite financial challenges."

Investor Insights & Market Positioning

While Vertex Securities reported a net loss of ₹47.77 lakhs for Q3 FY25, the company remains operationally stablewith continued revenue from services. The re-appointment of Yogesh Sharma & Co. as Secretarial Auditor reflects a focus on regulatory compliance.
 
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