Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved audited standalone financial results for the quarter and year ended 31 March 2025, along with the auditor's report. Revenue from operations jumped to Rs. 89.77 lakhs in FY25 from Rs. 38.65 lakhs in FY24, more than doubling year-on-year. However, total income declined to Rs. 121.37 lakhs (from Rs. 193.00 lakhs) due to a sharp fall in other income. The company slipped into a loss with a Profit After Tax of Rs. (1.42) lakhs versus a profit of Rs. 50.90 lakhs last year, and EPS turned negative at Rs. (1.05). Operating cash flow turned strongly positive at Rs. 112.49 lakhs, but cash and equivalents dropped to just Rs. 3.80 lakhs. Investments of Rs. 1,616.42 lakhs make up about 94% of total assets. The auditor gave an unmodified opinion but flagged an Emphasis of Matter on a long-pending Tamil Nadu stamp duty dispute and noted tax demands of around Rs. 9.08 crores pending at CIT (NFAC) for AYs 2014-15 and 2017-18.
Mixed picture for shareholders — core broking-related revenue grew sharply, but the company reported a bottom-line loss for the year, declining cash reserves, and large pending tax disputes that could weigh on future earnings if rulings go against the company.