Audited Standalone Financial Result for March 31, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aviva Industries reported a net loss of Rs 8.65 lakhs for FY25, widening from a loss of Rs 3.45 lakhs in FY24. Revenue from operations collapsed to just Rs 7.67 lakhs from Rs 57.57 lakhs the previous year, a drop of nearly 87%. The company's auditor, P Singhvi & Associates, issued a qualified opinion, noting the company did not have a whole-time Company Secretary during the year, violating a statutory requirement. The auditor also flagged as an emphasis of matter that trading in the company's shares has been suspended due to non-payment of listing fees. The accounting software used by the company lacked an audit trail (edit log) facility, which was also highlighted as a concern.
Shareholders should note that the company is loss-making, revenue has shrunk sharply, the auditor has qualified the opinion, and trading in the stock is currently suspended on the exchange — all of which raise serious red flags about the company's financial health and liquidity.