Board of Directors of the Company at its meeting held on today, i.e. Tuesday, May 27, 2025, inter alia, considered and approved: The Audited Standalone Financial Statements for the financial ....
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The Board of Alfa Transformers Ltd, at its meeting on May 27, 2025, approved the audited standalone financial statements and audited results for the quarter and financial year ended March 31, 2025. Statutory auditor M/s. PAMS & Associates issued an UNMODIFIED (clean) opinion on the financial statements, and confirmed adequate internal financial controls. Revenue from operations for FY25 stood at about Rs. 5,078 lakhs versus roughly Rs. 5,153 lakhs in FY24, a marginal decline of around 1–2%. The company posted a clear turnaround, swinging from a loss of about Rs. 11.43 lakhs in FY24 to a profit of about Rs. 88 lakhs in FY25. The Board also re-appointed PAMS & Associates as statutory auditors, Saroj Ray & Associates as secretarial auditor, and Goutam & Co. as internal auditor, each for one year for FY26. The auditor flagged an outstanding Rs. 60,000 IEPF deposit linked to promoter-group trades during the trading-window closure period.
A clean audit opinion along with a return to profitability is a positive signal for shareholders, even though revenue dipped slightly. The stock may react modestly positively on the earnings swing, but investors should keep an eye on pending tax disputes (Orissa Entry Tax, GST mismatches) and related-party inter-corporate loans from directors disclosed in the report.