Audited Financial Results of the Company for the quarter and year ended on March 31, 2025
Awaiting price reaction for this filing.
The board approved audited financial results for Q4 FY25 and full year FY25 on May 27, 2025. The company reported a sharply higher net loss of Rs 144.30 lakh for FY25, compared with a loss of Rs 27.99 lakh in FY24 — over four times worse year-on-year. Total income for FY25 stood at Rs 868.89 lakh versus Rs 930.61 lakh in FY24, a modest decline of around 6-7%. Total expenses were Rs 992.41 lakh, pushing the company into deeper losses. EPS came in negative at Rs (0.22) for the year. Total assets grew from Rs 32.54 lakh to Rs 142.70 lakh, while reserves remained negative at Rs (741.72) lakh. The statutory auditor issued an unmodified (clean) opinion on the results.
Shareholders face a steep jump in losses and continued negative reserves, which is a negative signal. The clean auditor opinion is a small positive, but the worsening bottom line could weigh on sentiment; investors should watch for any capital infusion plans given the weak equity position.