As attached
Awaiting price reaction for this filing.
Bijoy Hans Limited announced outcomes of its board meeting held on 26 May 2025, including approval of audited Q4 and FY25 financial results with an unmodified auditor's opinion. The company swung to a net profit of Rs. 13.62 lakhs in FY25, compared to a loss of Rs. 11.72 lakhs in FY24, but this turnaround was largely driven by Rs. 55.86 lakhs of exceptional items (likely asset sales) rather than core operations. Revenue from operations was almost flat at Rs. 27.89 lakhs (vs Rs. 27.98 lakhs), and total expenses rose to Rs. 83.64 lakhs. No dividend was declared for FY25. The board appointed Mr. Kaushal Uttam Shah as an Additional Executive Non-Independent Director, Mr. Aslesh Parannawar as Internal Auditor for FY26, and M/s. SKGK & Associates LLP as Secretarial Auditor for five years (FY26 to FY30), subject to shareholder approval. The Company Secretary, Mrs. Manisha Agarwala, resigned effective 31 May 2025, with Ms. Guinea Agrawal replacing her from 1 June 2025. The corporate office is shifting to Sangali, Maharashtra, as new management is based in Pune.
The reported profit is not from core business and underlying operations remain weak, with revenue flat and expenses rising. Shareholders should watch the postponed preferential allotment of 45 lakh equity shares (now 27 May 2025), which could lead to dilution, as well as the significant management transition and shift of corporate operations to Maharashtra.