1. The Board has approved and taken on record the Audited Standalone Balance Sheet & Profit & Loss Account for the quarter and financial year ended 31st March, 2025. 2. The Board approved ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.2 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Acrow India Limited held its board meeting on 30 May 2025 and approved the audited standalone financial results for Q4 and FY ended 31 March 2025. The company reported FY25 revenue from operations of ₹323.82 lakhs (vs nil in FY24) as it entered yarn trading during the year, along with other income of ₹250.30 lakhs. Despite higher income, the company swung to a net loss of ₹(88.08) lakhs for FY25 versus a profit of ₹102.46 lakhs in FY24, with EPS of ₹(13.76). Operating cash flow remained negative at ₹(77.67) lakhs. The board also appointed M/s Kiran Doshi & Co as Secretarial Auditor for FY26 and approved related party transactions with Rishi Realcon Pvt Ltd and Brindavan Cotton Mills Pvt Ltd for FY26. A large inter-corporate loan of ₹2,176.70 lakhs to Brindavan Cotton Mills (a related party) sits on the balance sheet. Statutory auditors issued an unmodified (clean) audit opinion with no going concern flags, and Ind AS 116 lease accounting was highlighted as a Key Audit Matter.
The swing from profit to loss and persistently negative operating cash flow are negatives for shareholders. The significant related-party loan and ongoing RPT approvals may raise governance concerns, though the clean audit opinion and no going-concern issues provide some comfort.