This is with reference to our earlier submission dated May 29, 2025, of the Audited Financial Results for the year ended March 31, 2025.Upon review, we noticed an inadvertent error in the presentation of previous year s (FY 2023 24) figures in the Statement of Profit and Loss, due to regrouping and totaling oversight. Please note that this correction does not impact the current year s financials or the overall financial position of the Company.We are now submitting the revised Audited Financial Results for the year ended March 31, 2025, with the corrected figures for the previous year.
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Apex Frozen Foods has submitted a revised version of its audited financial results for the year ended March 31, 2025, correcting an inadvertent error in how the previous year's (FY 2023-24) figures were grouped and totalled in the Statement of Profit and Loss. The company clarifies that the error does not change FY25 numbers or the overall financial position. For FY25, revenue from operations was ₹81,355.24 lakhs versus ₹80,410.32 lakhs in FY24, while net profit dropped sharply to ₹387.65 lakhs from ₹1,459.93 lakhs a year earlier. Basic EPS for FY25 stood at ₹1.24, compared to ₹4.67 in FY24. The board has recommended a final dividend of ₹2 per share (20%) subject to shareholder approval.
The correction is confined to FY24 presentation and does not affect FY25 reported numbers, so the underlying business story is unchanged. However, shareholders will note the steep year-on-year decline in net profit and EPS despite roughly flat revenue, which may put pressure on the stock in the near term.