Board of directors approved the unaudited quarterly results for for the quarter ended as on 30th june 2025 and other matter as per annexure attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Apt Packaging's board approved unaudited standalone results for the quarter ended 30 June 2025. Revenue from operations rose sharply to Rs. 476.09 lakhs from Rs. 303.58 lakhs in the same quarter last year, a year-on-year jump of about 57%. However, net profit fell steeply to Rs. 0.98 lakhs from Rs. 3.58 lakhs, signalling heavy margin compression despite top-line growth. The statutory auditor (Gautam N Associates) issued a qualified opinion, flagging four issues: unprovided GST liability of Rs. 20.70 lakhs for FY20 under appeal, doubtful debts of Rs. 11.45 lakhs not provisioned, manual FIFO stock valuation, and interest on unsecured loans from related parties not booked due to a waiver. The board also appointed Mr. Suyog Machhar (additional promoter director) and Mr. Vikas Tapdiya (additional independent director), and noted a preferential allotment of 5.5 lakh shares at Rs. 30 each, raising Rs. 10.65 crore during the quarter.
Strong revenue growth is a positive, but sharply falling profits and a qualified auditor opinion with pending GST and doubtful-debt exposures point to weak earnings quality and governance red flags, likely to weigh on investor sentiment despite the fresh capital raised.