OUTCOME FOR THE APPROVAL OF THE FINANCIAL RESULTS FOR THE HALF YEAR AND YEAR ENDED 31ST MARCH 2025
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Ascensive Educare Ltd's board approved audited financial results for FY25 on May 13, 2025. Revenue from operations rose to ₹3,534.51 lakhs in FY25 from ₹2,089.72 lakhs in FY24, a growth of about 69%. Profit after tax nearly doubled to ₹260.91 lakhs from ₹131.79 lakhs (up ~98%), with basic EPS at ₹5.97 vs ₹3.48. Total assets grew to ₹3,000.31 lakhs, but short-term borrowings spiked sharply to ₹688.43 lakhs from ₹101.03 lakhs, and cash balances fell to ₹67.42 lakhs from ₹149.57 lakhs. Statutory auditor Goyal Goyal & Co. issued an unmodified (clean) opinion on the results.
Strong topline and bottomline growth is a positive signal for shareholders, but the sharp rise in short-term borrowings and negative operating cash flow of ~₹461 lakhs indicate the company is funding its working capital (especially trade receivables, up ~32%) through debt, which could pressure margins and liquidity going forward.