Board of directors considered and approved quarterly and yearly financial results of the company for the period 31st March, 2025, appointment of Secretarial auditors of five years and appointment ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 4.7 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Apt Packaging's board on May 28, 2025 approved audited financial results for Q4 and FY ended March 31, 2025. Total income for FY25 stood at Rs 1,359.79 lakhs, a sharp decline of about 68% from Rs 4,281.13 lakhs in FY24. The company, however, swung to a net profit of Rs 35.65 lakhs from a loss of Rs 252.40 lakhs in the previous year, with EPS improving to Rs 0.68 from negative Rs 4.43. The statutory auditor (Gautam N Associates) issued a Qualified Opinion citing non-payment of Rs 0.57 lakh MSME interest, non-provisioning of Rs 20.70 lakh GST liability (under appeal), unconfirmed trade balances, and non-provisioning of Rs 11.45 lakh doubtful debts. The auditor also flagged that accumulated losses had wiped out the company's net worth (Rs -465.79 lakhs), though a preferential allotment of Rs 1,965 lakhs completed on May 8, 2025 has since restored positive net worth. The board also appointed new secretarial and internal auditors.
Investors should note the qualified audit opinion, negative net worth until the recent Rs 19.65 crore preferential infusion, and the steep revenue decline — all of which raise red flags on financial health and earnings quality, even as the company returned to profitability on a much smaller revenue base.