We hereby enclose the Financials results for the Quarter and year ended 31st March 2025 for Integrated Filing.
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Bombay Wire Ropes Ltd reported audited results for FY25 showing no revenue from operations across any quarter, with total income limited to 'other income' of Rs 13.74 lakhs for the full year (vs Rs 11.85 lakhs in FY24). The company posted a loss before tax of Rs 63.03 lakhs for FY25 (vs Rs 46.28 lakhs loss in FY24), widening further to a net loss after tax of Rs 130.66 lakhs in FY25 (vs Rs 30.86 lakhs in FY24) after a deferred tax charge. Q4 FY25 alone saw a net loss of Rs 92.33 lakhs against a Rs 2.80 lakh profit in Q4 FY24. Total expenses stood at Rs 76.77 lakhs for the year, with employee costs of Rs 46.12 lakhs and other expenses of Rs 28.59 lakhs being the main drags. EPS for FY25 was Rs (2.45). On the balance sheet, total equity rose to Rs 780.08 lakhs (from Rs 749.84 lakhs), cash and equivalents jumped sharply to Rs 686.57 lakhs (from Rs 10.48 lakhs) on the back of investment redemptions, and the company remains virtually debt-free. The auditor issued an unmodified (clean) opinion, and related party transactions with fellow subsidiaries and key managerial personnel were disclosed.
For shareholders, this is a weak operational performance — the company is essentially non-operational, relying entirely on investment income, with widening annual losses and negative operating cash flow of Rs 130.72 lakhs. The bright spot is the strong, debt-free balance sheet with rising cash reserves and positive other comprehensive income of Rs 124.12 lakhs from investment fair value gains, which cushions the bottom line but does not address the underlying business weakness.