OUTCOME OF BOARD MEETING
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Aravali Securities & Finance's Board approved audited financial results for Q4 and FY ended March 31, 2025. Total revenue rose to Rs 90.93 lakhs from Rs 74.02 lakhs in FY24, a growth of about 23%. However, the company posted a net loss of Rs 29.80 lakhs in FY25, though narrower than the Rs 44.42 lakhs loss in FY24. Three new Non-Executive Independent Directors — Mr. Subhash Chand, Mr. Naresh Kumar Magoo, and Mr. Tara Chand Sagar — were appointed for five-year terms, subject to shareholder approval via postal ballot. Statutory auditor Rajan Goel & Associates issued an unmodified opinion on the results.
Despite improved revenue and reduced losses, the company continues to post losses and has negative net worth of Rs 92.35 lakhs with negative reserves of Rs 1,607.73 lakhs, raising going-concern concerns for shareholders. The fresh independent director appointments may strengthen governance, but the weak financial position remains a key risk for the stock.