Prismx Global Ventures Limited , a diversified company operating in commodity trading, finance, and information technology sectors, has announced its financial results for the first quarter, showcasing robust growth across key financial metrics.

Financial Highlights

The company reported a significant year-on-year increase in its standalone net profit, which rose by 26.5% to ₹146.43 crore, compared to ₹115.73 crore in the same quarter of the previous year. This growth was supported by a 5.9% increase in total revenue, which reached ₹623.03 crore, up from ₹588.29 crore in the previous year's corresponding quarter.

Operational Performance

Prismx Global Ventures saw substantial growth in its income from operations, which increased to ₹556.42 crore from ₹490.40 crore in the corresponding quarter, marking a 13.5% rise. This growth indicates strong performance across the company's diverse business segments.

Segment-wise Performance

The company operates in three primary business segments:

1. Commodity Trading
2. Finance Business Activities
3. Information Technology Activities

While specific segment-wise details were not provided in the quarterly results, the overall growth suggests positive contributions from these diverse operations.

Consolidated Results

On a consolidated basis, Prismx Global Ventures reported even stronger growth:

• Net profit increased to ₹145.47 crore, up from ₹100.30 crore in the previous year's corresponding quarter, representing a 45% year-on-year growth.
• Total consolidated revenue stood at ₹626.59 crore for the quarter.

Management Changes

In a separate development, the Board of Directors accepted the resignation of Pratiskha Modi from her position as Company Secretary and Compliance Officer. The company has not yet announced a replacement for this key role.

Investor Relations

Prismx Global Ventures reported zero investor complaints for the quarter, indicating strong investor satisfaction and effective communication with shareholders.

The company's performance demonstrates its resilience and growth potential across its diverse business portfolio. With significant improvements in both revenue and profitability, Prismx Global Ventures appears well-positioned for continued success in the coming quarters.

Prismx Global Ventures Limited (formerly known as Gromo Trade & Consultancy Limited) has announced a significant change in its key personnel. Ms. Pratiksha V Modi, the Company Secretary and Compliance Officer, has tendered her resignation, citing personal reasons. The resignation will take effect from July 28, 2025.

Key Details of the Resignation

Company's Response

Prismx Global Ventures Limited has formally acknowledged Ms. Modi's resignation and has informed the stock exchange as per the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company's director, Mr. Ravindra Bhaskar Deshmukh, signed the intimation letter dated July 29, 2025.

Resignation Process

In her resignation letter, Ms. Modi requested the Board to:

1. Take note of her resignation in the upcoming Board Meeting
2. File the necessary e-forms with the Registrar of Companies (ROC) to formalize the change

The company is expected to comply with these requests as part of the standard procedure for such personnel changes.

Impact on the Company

As the Company Secretary and Compliance Officer, Ms. Modi held a crucial role in Prismx Global Ventures Limited. Her departure may temporarily affect the company's regulatory compliance processes. However, the company is likely to initiate the process of finding a suitable replacement to ensure continuity in its operations and compliance with regulatory requirements.

This personnel change comes at a time when companies are increasingly focusing on strong corporate governance practices. The role of Company Secretary is vital in ensuring that a company adheres to various regulatory norms and maintains transparency in its operations.

Investors and stakeholders of Prismx Global Ventures Limited will be keenly watching how swiftly the company fills this key position to maintain its corporate governance standards.