Outcome of Board Meeting
Price
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The board approved audited consolidated and standalone financial results for Q4 and the full year ended March 31, 2025. On a standalone basis, FY25 revenue from operations jumped ~42% YoY to Rs. 364.18 lakhs, with profit after tax more than doubling to Rs. 25.40 lakhs (EPS Rs. 0.57 vs Rs. 0.24). Consolidated FY25 revenue rose to Rs. 365.39 lakhs, and the company swung to a profit of Rs. 19.84 lakhs (after minority interest) compared with a Rs. 7.09 lakh loss in FY24. Operating cash flow improved sharply to Rs. 68.82 lakhs (consolidated). The board also appointed Mr. Kunal Chaudhary, son of Managing Director Ashwin Chaudhary, as Executive Additional Director. Cash and equivalents fell steeply from Rs. 235.81 to Rs. 35.85 lakhs due to Rs. 273 lakhs in capital expenditure (PPE rose from Rs. 47.35 to Rs. 314.41 lakhs).
Strong top-line and profit growth signals a business turnaround, but the sharp cash burn from heavy capex and a related-party board appointment are watchpoints. Subsidiaries (Freebird Aerospace and Accedere Tech) remain loss-making, so the turnaround is largely driven by the standalone entity.