F Mec International Financial Services Reports 16% Profit Growth in Q1
F Mec International Financial Services Limited announced strong Q1 results with a 16% year-over-year increase in net profit to Rs. 32.83 lacs. Total income rose to Rs. 197.59 lacs, driven by a substantial increase in interest income. The company's EPS improved to Rs. 0.37 from Rs. 0.32. Despite revenue growth, expenses remained controlled with total expenses at Rs. 153.72 lacs. The company maintains a solid financial position with a paid-up equity share capital of Rs. 889.18 lacs.
22Jul 25
F Mec International Financial Services to Seek Shareholder Approval for Rs. 80 Crore Borrowing Limit Increase
F Mec International Financial Services Limited's board has approved plans to increase the company's borrowing limit to Rs. 80 crores, subject to shareholder approval at an upcoming EGM on August 21, 2025. The EGM will be held via video conferencing, with e-voting facilities provided by NSDL. The increased borrowing capacity aims to support working capital needs and capital expenditure programs. August 8, 2025, is set as the cut-off date for e-voting eligibility.