Arvind SmartSpaces Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
ARVSMART · price
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Arvind SmartSpaces announced its audited financial results for Q4 and FY25 along with several board decisions. The Board recommended a final dividend of Rs. 6.00 per share (60% on face value of Rs. 10). On a standalone basis, FY25 revenue from operations fell to Rs. 6,426.75 lacs from Rs. 12,742.10 lacs in FY24, while net profit dropped to Rs. 1,350.65 lacs from Rs. 2,907.97 lacs. On a consolidated basis, revenue declined to Rs. 20,076.71 lacs (from Rs. 35,087.71 lacs) and net profit fell to Rs. 1,075.08 lacs (from Rs. 4,757.06 lacs). The statutory auditors (SRBC & Co LLP) issued an unmodifed (clean) opinion. Mr. Kamal Singal was re-appointed as MD & CEO for five more years, and new secretarial and cost auditors were appointed. A promoter group member holding 0.11% stake was reclassified to public category.
The significant drop in full-year revenue and profit is negative for sentiment, though the healthy 60% dividend and clean audit opinion provide some support. Q4 standalone net profit did improve sharply YoY, but the full-year decline and the standalone negative operating cash flow are concerns for investors to watch closely.