Audited Financial Results for the Quarter and Year ended 31.03.2025
Awaiting price reaction for this filing.
Aagam Capital Limited reported audited results for FY25 with revenue from operations falling to Rs 3.14 lakhs from Rs 3.78 lakhs in FY24, a decline of about 17%. The company posted a loss before tax of Rs 12.57 lakhs, wider than the Rs 10.67 lakhs loss last year. The balance sheet shows negative other equity of Rs 354.51 lakhs against share capital of Rs 500 lakhs, indicating heavy accumulated losses. Borrowings nearly doubled to Rs 28.25 lakhs, and operating cash flow was negative at Rs 12.73 lakhs. No dividend was recommended, and the statutory auditor issued an unmodified opinion.
Weak fundamentals persist with shrinking revenue, widening losses, negative operating cash flow, and eroded reserves. The clean audit opinion offers some comfort, but shareholders face continued value erosion with no dividend and growing reliance on borrowings.