Please find attached revised financial result for the quarter and year ended on 31st March, 2025 along with audit report
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Axis Solutions Limited has refiled its audited financial results for Q4 and FY25 after correcting a clerical error in segment-wise revenue and reclassification of tangible/intangible assets. The company clarified that overall results — total revenue and profit — remain unchanged. On a standalone basis, revenue from operations jumped to about ₹20,067 lakhs in FY25 from roughly ₹13,636 lakhs in FY24, a growth of around 47%. Net profit for FY25 rose sharply to about ₹1,422 lakhs from around ₹736 lakhs in FY24. Q4 FY25 alone posted a profit of about ₹398 lakhs versus ₹56 lakhs in the year-ago quarter. The company also issued 30 lakh equity shares to the public at ₹70 per share to meet the Minimum Public Shareholding requirement. Axis Solutions Private Limited was amalgamated into Asya Infosoft Limited (now Axis Solutions Limited) effective April 1, 2023, per an NCLT order dated July 11, 2024, following an insolvency resolution.
Strong top-line and bottom-line growth is a positive signal for shareholders, but the operating cash flow turned sharply negative (about ₹2,090 lakhs standalone and ₹1,586 lakhs consolidated for FY25 vs positive in FY24), which warrants caution. The revision is procedural and does not change reported profits, so no material re-rating is expected from it.