APPROVED FINANCIAL RESULTS, CASH FLOW STATEMENT OF MASTER CHEMICALS LIMITED (SCRIP CODE: 506867) FOR THE QUARTER ENDED ON 31.03.2025 ALONG WITH AUDITORS REPORT THEREON
Awaiting price reaction for this filing.
Master Chemicals Limited has reported its audited financial results for the quarter and year ended March 31, 2025. The company had zero revenue from operations during the period, continuing to show no business activity. It reported a net loss of Rs. 17.08 lakhs for FY25, slightly lower than the Rs. 21.75 lakhs loss in FY24, with total comprehensive loss at Rs. 22.21 lakhs. The company's net worth has been fully eroded to negative Rs. 77.35 lakhs, and trade payables have grown to Rs. 107.31 lakhs. The auditors (Gupta Rustagi & Co.) issued a qualified opinion, flagging a material uncertainty over going concern since the company is non-operational with no revenue generation.
This is a deeply negative filing for shareholders — the company has no operations, fully eroded net worth, and the auditors have explicitly questioned whether it can continue as a going concern. The stock carries serious solvency and viability risks, and investors should treat this as a high-risk situation.