The Board of Directors of the Company in their meeting held on Wednesday, May 07, 2025 at the registered office of the Company which commenced at 03:00 P.M. and concluded at 03:40 P.M. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of BFL Asset Finvest Limited met on May 7, 2025 and approved the audited financial results for Q4 and full year ended March 31, 2025 with an unmodified auditor opinion. For FY25, total income fell to Rs. 2,141.98 lakh from Rs. 2,740.53 lakh in FY24, while profit after tax dropped to Rs. 123.62 lakh from Rs. 229.94 lakh; basic EPS was Rs. 1.21 vs Rs. 2.25. Q4 FY25 showed a profit of Rs. 29.34 lakh against a loss of Rs. 239.86 lakh in Q4 FY24, though revenue dipped to Rs. 581.41 lakh from Rs. 1,353 lakh. Total assets stood at Rs. 1,927.46 lakh and total equity at Rs. 1,600.13 lakh. The Board also re-appointed M/s Shiv Shankar Khandelwal & Co. as Internal Auditor for FY26 and appointed M/s V.M. & Associates as Secretarial Auditor for a five-year term (FY26–FY30), subject to shareholder approval.
Sharply lower annual revenue and profit indicate weak core performance, but the swing back to profitability in Q4 FY25 is a small positive. Routine auditor re-appointments are procedural, though the planned Rs. 29 crore rights issue (already approved earlier in the year) may dilute existing shareholders if it goes through.