Approval of the Audited Financial results for the quarter and year ended 31st March, 2025
Awaiting price reaction for this filing.
Infra Industries Ltd's Board, at its meeting on May 20, 2025, approved the audited financial results for the quarter and year ended March 31, 2025, along with the re-appointment of M/s Karnavat & Co. as Statutory Auditors for a second 5-year term. Total income for FY25 stood at Rs. 122.96 lakhs, nearly flat against Rs. 124.84 lakhs in FY24. Net profit, however, fell sharply to Rs. 216.88 lakhs from Rs. 391.19 lakhs in the previous year, with basic EPS dropping to Rs. 5.22 from Rs. 7.91. The company recorded exceptional items of Rs. 125.68 lakhs during the year. On the positive side, net cash from operating activities improved to Rs. 242.15 lakhs from Rs. 168.73 lakhs. The auditor (Karnavat & Co.) issued a clean, unqualified opinion with no emphasis of matter. The company also noted that trading in its shares remains suspended due to an ongoing BSE Limited resolution plan process for procedural reasons.
Despite better operating cash generation, the sharp year-on-year drop in net profit and EPS may weigh on investor sentiment, while the continued share trading suspension tied to the BSE resolution plan remains a key overhang on liquidity and price discovery.