Annual Report for Financial Year 2024-25
Awaiting price reaction for this filing.
Birla Capital and Financial Services Limited filed its annual report for FY2024-25. The company generated zero revenue from operations (down from Rs 9 lakhs in FY24), with total income falling sharply to Rs 5.70 lakhs from Rs 65.63 lakhs. The company reported a loss after tax of Rs 3.66 lakhs, wider than the Rs 2.35 lakh loss in FY24. No dividend was declared as there were no profits. The 39th AGM is scheduled for September 27, 2025 via video conferencing. Importantly, the company has been delisted from BSE since July 26, 2023 and is currently challenging the order before the Securities Appellate Tribunal.
The stock is already delisted from BSE and remains suspended, making it illiquid and high-risk for shareholders. The company continues to post losses, has no active revenue stream, lacks a full-time CFO and Managing Director, and has multiple regulatory non-compliances flagged in the secretarial audit, all of which raise serious concerns about its operational viability.