Outcome of the Board Meeting held on May 23, 2025.
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Awaiting price reaction for this filing.
The Board approved audited financial results for Q4 and FY25 along with a declaration that statutory auditors M/s Manek & Associates issued an unmodified (clean) opinion on both standalone and consolidated accounts. On a standalone basis, total income rose to ₹667.55 lakhs in FY25 from ₹547.09 lakhs in FY24 (~22% growth), while net loss narrowed sharply to ₹(277.56) lakhs from ₹(502.28) lakhs; EPS improved to ₹(3.35) from ₹(8.80). Total assets stood at ₹13,670 lakhs and operating cash flow turned positive at ₹361.62 lakhs vs a ₹(54.10) lakh outflow last year. On a consolidated basis, revenue jumped to ₹7,264 lakhs from ₹4,709 lakhs and the loss shrank to ₹(276) lakhs from ₹(1,152) lakhs, driven by better performance in stock broking and investment activities. However, consolidated operating cash flow was negative at ₹(367.59) lakhs. The filing also includes detailed related-party transactions with subsidiaries, promoter group firms and directors.
Clean audit opinion and a meaningful reduction in losses are positive signals for shareholders, though the company remains loss-making at both standalone and consolidated levels. Revenue growth and improved operating cash flow on a standalone basis may support sentiment, while consolidated cash burn warrants watch.