Integrated Financials for the year ended 31-03-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Amalgamated Electricity Company Limited (AECL) reported audited standalone results for FY25 showing essentially no business operations, with zero revenue from operations for the entire year. Total income fell to ₹1.31 lacs (FY25) from ₹3.53 lacs (FY24), driven mainly by a drop in other income. The company posted a loss after tax of ₹15.03 lacs, wider than the ₹8.05 lacs loss in FY24, worsened by ₹5.14 lacs in extraordinary items. The balance sheet shows negative net worth of ₹39.28 lacs (vs negative ₹24.25 lacs a year ago), with accumulated losses in other equity ballooning to ₹(178.11) lacs. Cash and cash equivalents stood at just ₹0.08 lacs at year-end. The auditor (H.G. Sarvaiya & Co.) issued an unmodified opinion on the results. Separately, Whole Time Director Mr. Nitin Velhal resigned effective May 5, 2025, after completing two terms.
AECL is effectively a dormant shell with no operating revenue, widening losses, and deeply negative shareholder equity — a negative signal for shareholders suggesting the company is not generating sustainable value. The director resignation is a governance change but not material to operations given the negligible business activity.