Board Meeting Outcome For Board Meeting Outcome For Outcome Of Board Meeting Held On 29Th May, 2025 To Approve The Audited Financials Of The Company For The Year ended Ended 31St MAY 2024 ....
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Adhbhut Infrastructure's board, at its May 29, 2025 meeting, approved the audited financial results for Q4 and FY ended March 31, 2025, with the auditor reporting no modifications. Revenue from operations was flat year-on-year at ₹255.75 lakhs, but the company swung from a profit of ₹87.27 lakhs in FY24 to a loss of ₹64.31 lakhs in FY25, with EPS at (₹0.58). The balance sheet shows worsening negative equity of (₹677.24) lakhs, and cash collapsed from ₹44.18 lakhs to just ₹1.42 lakhs, with operating cash flow turning negative at (₹41.60) lakhs. The board also noted the appointment of AASK & Associates LLP as Secretarial Auditor, Ritu Jain & Co. as Internal Auditor, and CS Shivani Dixit as Company Secretary. Notably, the company disclosed a Provisional Attachment Order from the Enforcement Directorate against its immovable properties and promoter-held shares, though it claims business operations remain unaffected.
Negative for shareholders — the company moved from profit to loss, equity is deeply negative, cash is nearly depleted, and an ED attachment order on company/promoter assets adds serious risk overhang despite management's reassurance that operations continue.