Audited Financial Results for the quarter and year ended March 31, 2025
Awaiting price reaction for this filing.
Peoples Investments Limited posted a net loss of Rs. 2.12 lakhs for FY25, widening sharply from a loss of Rs. 0.18 lakhs in FY24. Total income declined to Rs. 5.02 lakhs from Rs. 6.08 lakhs, while expenses rose to Rs. 7.14 lakhs from Rs. 6.26 lakhs. The company reported no revenue from sale of services in any quarter, relying entirely on small other income. Other equity remains deeply negative at Rs. (18.01) lakhs and cash balance dropped to Rs. 1.42 lakhs from Rs. 3.56 lakhs, with negative operating cash flow of Rs. 2.14 lakhs. The auditor (Khandhar Mehta and Shah) issued an unmodified (clean) opinion on the results.
The company continues to be loss-making with eroding reserves and shrinking cash, raising concerns about its ability to sustain operations without a turnaround in core business activity. The clean audit opinion is a positive, but shareholders should note the worsening financials and negative net worth relative to share capital.