Outcome of the Board Meeting along with Audited Financial Results of the Company for the Quarter and Year ended 31st March, 2025
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Addi Industries Limited's Board approved audited financial results for the quarter and financial year ended March 31, 2025. Total income fell to ₹537.03 lakh in FY25 from ₹726.89 lakh in FY24, a decline of about 26%. Profit after tax dropped sharply to ₹310.89 lakh from ₹453.32 lakh (roughly 31% lower), with standalone EPS falling to ₹2.88 from ₹4.20. The auditor flagged a material uncertainty on going concern because the company is exploring but has not yet started a new business venture, though management cites strong cash and bank balances of over ₹6,180 lakh, no borrowings, and positive net worth as reasons to continue on a going concern basis. The Board also re-appointed M/s Rajeev Shagun Gupta & Co. as Internal Auditor for FY26.
The going concern flag and steep drop in both revenue and profit may pressure the stock, but the company remains debt-free with sizeable cash reserves, so short-term solvency is not at immediate risk. Investors should watch for clarity on the new business plans the company is exploring.