Audited Assets and Liabilities statement approved in Board Meeting held on 21st April 2025, Submitted as per compliance team triggering update
Awaiting price reaction for this filing.
The Board of Directors of Netripples Software Ltd approved the audited standalone financial results (IND-AS) for the financial year ended March 31, 2025, at a meeting held on April 21, 2025. The company filed the audited results, auditor's report, assets and liabilities statement, and cash flow statement with BSE, along with an Unmodified Opinion and Declaration from the auditor (BGS & Associates) under Regulation 33(3)(d). The balance sheet shows total assets of ₹10.20 crore as on March 31, 2025, marginally up from ₹10.15 crore a year earlier, with total equity of ₹9.92 crore. Notably, inventories stand at ₹9.74 crore, which is unusually high for a software company. The income statement and cash flow details were filed separately and are not part of this document.
The clean (unmodified) auditor opinion is a positive signal about the reliability of the financials. However, the unusually large inventory balance relative to a software business warrants closer look. Shareholders should review the full P&L and cash flow statements filed separately to assess actual revenue, profitability, and operational performance for FY25.