Audited Financial Result for year ended 31.03.2025
Awaiting price reaction for this filing.
Citizen Infoline Ltd reported audited FY25 results with total income of ₹441.86 lakhs versus ₹430.14 lakhs in FY24, a modest ~2.7% rise. Revenue from operations grew from ₹392.02 lakhs to ₹404.94 lakhs. Profit after tax jumped sharply from ₹0.79 lakhs to ₹3.29 lakhs (over 4x), and EPS rose to ₹0.06 from ₹0.01. However, Q4 FY25 was weak with revenue falling to ₹50.07 lakhs (vs ₹127.85 lakhs in Q4 FY24) and a small loss of ₹0.09 lakhs. Total assets stood at ₹464.28 lakhs and the company is virtually debt-free, though other equity remains negative at ₹(76.32) lakhs. Operating cash flow turned positive at ₹4.04 lakhs versus a ₹9.48 lakh outflow last year. The auditor issued an unmodified opinion with an emphasis of matter regarding the pending amalgamation of Citizen Solar Pvt Ltd with the company, awaiting NCLT approval.
Annual profit growth is encouraging, but the sharp Q4 revenue drop, very thin absolute earnings, and negative reserves suggest limited scalability. The pending Citizen Solar amalgamation is a material event to watch, as it could meaningfully change the company's financials once NCLT-approved.