63 moons technologies limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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63 moons reported audited results for FY25 on May 20, 2025. Standalone total income fell sharply to ₹18,341 lakhs from ₹48,966 lakhs in FY24, mainly because the ODIN, MATCH and other brokerage-tech businesses were sold on a slump sale basis on January 20, 2025 and reclassified as discontinued operations. Standalone net profit from continuing operations turned to a small loss of ₹(181) lakhs versus a profit of ₹26,209 lakhs last year; including discontinued ops, standalone net profit was just ₹595 lakhs (vs ₹26,922 lakhs). On a consolidated basis, the company swung to a net loss of ₹3,317 lakhs versus a profit of ₹22,251 lakhs in FY24, driven by losses in both the Software Services and Others segments. The auditor (Chaturvedi Sohan & Co.) issued a qualified opinion on both sets of results due to pending NSEL-related legal matters, and added emphasis-of-matter notes on three big items: an additional ₹1,920 lakh write-off on IL&FS ITNL NCDs, a ₹10,000 lakh write-off on Yes Bank AT-1 bonds, and the proposed ₹1,950 crore one-time settlement scheme for NSEL investors (approved by 92.8% of creditors by number and 91.35% by value). A ₹14,270 lakh gain from the business sale partly cushioned the impact.
Mixed for shareholders. The qualified audit opinion, large exceptional write-offs and ongoing NSEL legal overhangs remain concerns, but approval of the ₹1,950 crore NSEL settlement scheme is a major step toward closing years of litigation, and the slump-sale of legacy brokerage-tech businesses sharpens the company's focus. A proposed ₹1.20/share dividend (₹553 lakh outflow) is subject to Bombay High Court clearance, given prior dividend restrictions. The stock may react to the cleaner core business profile even as consolidated losses highlight execution risk in the remaining segments.