Approved the Audited Standalone and Consolidated Financial Results for Quarter and Year ended March 31, 2025.
Awaiting price reaction for this filing.
KLG Capital Services' board approved audited results for Q4 and FY25. Standalone total income rose marginally to Rs 73.03 lacs (FY24: Rs 71.70 lacs), but the company posted a net loss of Rs 3.29 lacs for FY25, slightly narrower than the Rs 3.77 lacs loss in FY24. On a consolidated basis (including KLG Stock Brokers subsidiary), FY25 loss was Rs 3.85 lacs versus Rs 4.07 lacs the previous year. EPS remained negative at Rs (0.10) standalone and Rs (0.12) consolidated. The auditor (Bharat Shah & Associates) issued an unmodified opinion on both sets of results. Notably, standalone operating cash flow turned negative at Rs (7.32) lacs compared with a positive Rs 3.99 lacs in FY24. The board also appointed Mr. V. Ramanan as a Non-Executive Non-Independent Director and accepted the resignation of Independent Director Mrs. Heeral Mandani, both effective May 30, 2025.
The company continues to report losses and negative earnings per share, though the loss narrowed modestly year-on-year. Standalone operating cash flow swung into negative territory, which is a concerning sign for shareholders. The director changes are routine governance matters and unlikely to materially affect the stock.