As attached
Awaiting price reaction for this filing.
Bijoy Hans Limited's Board approved audited financial results for Q4 and FY ended 31st March 2025, with the statutory auditor issuing an unmodified opinion. No dividend was declared for FY 2024-25. The company reported a net profit of Rs. 13.62 lacs for the full year (FY25) versus a loss of Rs. 11.72 lacs in FY24, though Q4 alone posted a loss of Rs. 20.52 lacs. Total income declined to Rs. 46.87 lacs from Rs. 58.33 lacs, while the swing to profit was driven by an exceptional gain of Rs. 55.86 lacs (likely from sale of property, plant and equipment). The Board appointed Mr. Kaushal Uttam Shah as Additional Executive Non-Independent Director, shifted the corporate office to Miraj, Sangli (Maharashtra) reflecting new management based in Pune, and appointed new internal and secretarial auditors. The Company Secretary resigned effective 31st May 2025 and was replaced effective 1st June 2025. Allotment of 45 lakh equity shares on a preferential basis has been postponed to 27th May 2025.
The FY25 return to profit is largely propped up by an exceptional one-time gain rather than core operations, which remain weak (Q4 loss, declining revenue). No dividend disappoints income-seeking shareholders. The management shift to Pune/Maharashtra and preferential allotment deferral may signal ongoing corporate restructuring, while multiple key managerial changes could introduce short-term governance uncertainty.