Alphageo (India) Limited has informed the Exchange regarding 'Appointment of Secretarial auditors'.
ALPHAGEO · price
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Alphageo (India) Limited's board, at its May 26, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, along with a dividend and a new secretarial auditor. Standalone revenue from operations rose to Rs. 9,096.27 lakhs (from Rs. 7,273.71 lakhs in FY24), but the company swung to a net loss of Rs. 763.30 lakhs versus a profit of Rs. 834.03 lakhs last year, with EPS at negative Rs. 11.99. Consolidated revenue grew to Rs. 12,567.51 lakhs with a net loss of Rs. 581.76 lakhs. The board recommended a dividend of Rs. 8 per share (80% on Rs. 10 face value) for FY25, subject to shareholder approval. M/s. D. Hanumanta Raju & Company has been appointed as secretarial auditor for five years (till the 43rd AGM in 2030). Ongoing concerns include a Rs. 1,601.08 lakh FEMA-related fixed deposit seizure and a Rs. 2,246.58 lakh contingent income-tax liability, partly involving the Managing Director personally.
Shareholders get an attractive 80% dividend despite a yearly loss, which may signal confidence in cash reserves (Rs. 2,773.64 lakhs standalone cash), but the sharp swing to losses on rising costs will likely weigh on the stock. The continuing FEMA and tax contingencies remain key risks to monitor.