Mumbai, Jun 9 (PTI) Bullion trading company Aayush Art and Bullion on Monday said its revenue jumped multifold to Rs 73.77 crore in 2024-25, driven by strong demand in its core segments and strategic business initiatives.

The company also announced that promoters have raised their stake in the company to 20.71 per cent from 7.01 per cent as of March 2024.

The sales revenue of the company has increased at a compounded annual growth rate of 104 per cent and net profit at 62 per cent in the last five years, helping it achieve net debt-free status, the company said in a statement.

The company reported a net profit of Rs 1.81 crore in FY25 compared to Rs 26 lakhs net profit reported in FY24.

For the second half (October-March) of FY25, the company reported a 77 per cent jump in sales revenue to Rs 47.19 crore and net profit of Rs 1.56 crore.

“As we turn the corner toward sustainable profitability, we are focused on scaling our business responsibly,” the company said. PTI HG MR MR