As attached
Awaiting price reaction for this filing.
Bijoy Hans Limited reported audited FY25 results showing a turnaround to a net profit of Rs 13.62 lakhs versus a loss of Rs 11.72 lakhs in FY24, but the profit was driven almost entirely by a one-time exceptional gain of Rs 55.86 lakhs from the sale of property, plant and equipment. Underlying operations remain weak, with a pre-exceptional loss of Rs 36.77 lakhs and total income falling to Rs 46.87 lakhs from Rs 58.33 lakhs. The board skipped any dividend for FY25. It also approved several changes: Kaushal Uttam Shah (Chartered Accountant, 23+ years in commodities and capital markets) appointed as Additional Executive Non-Independent Director; the corporate office is shifting from Guwahati to Sangli, Maharashtra since new management is based in Pune; new Internal Auditor (Aslesh Parannawar) and Secretarial Auditor (SKGK & Associates LLP for 5 years from FY26 to FY30) appointed; and Company Secretary Manisha Agarwala resigned effective 31 May, with Guinea Agrawal taking over from 1 June. A preferential allotment of 45,00,000 equity shares, originally considered at this meeting, has been postponed to 27 May. The statutory auditor issued an unqualified opinion.
Core operations are still loss-making, so the headline return to profit is misleading without the one-time asset sale. The corporate office relocation, a new executive director, and a pending preferential share issue point to significant changes in the company's direction that shareholders should watch closely.