Financial Results as on 31/03/2025
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Aarcon Facilities Ltd (formerly R B Gupta Financials Ltd) announced its audited financial results for FY25 on 17 May 2025, along with Q4 results. The statutory auditor M/s V.J. Amin & Co. issued an unmodified (clean) opinion on the results. Profit before tax nearly doubled to Rs. 46.03 lacs in FY25 from Rs. 23.56 lacs in FY24, while net worth strengthened with other equity improving from a negative Rs. 26.22 lacs to a negative Rs. 13.48 lacs. Operating cash flow rose to Rs. 56.32 lacs (vs Rs. 38.04 lacs) and closing cash balance doubled to Rs. 39.81 lacs. The Board also approved a Reminder-cum-Forfeiture Notice to holders of partly paid equity shares from the 1996 public issue, giving them until 30 August 2025 to pay the balance allotment money (Rs. 7.50 per share), failing which their shares will be forfeited. Additionally, the Board approved diversification into real estate and trading activities, and opening of a current account with Axis Bank, Vadodara.
Clean audit opinion and sharp improvement in profits and operating cash flow are positive for shareholders, though accumulated losses still leave other equity in negative territory. The proposed share forfeiture and pivot into real estate are notable corporate actions that may affect shareholding structure and future business direction.