Submission of Outcome of Board Meeting held on May 29, 2025
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The Board approved the audited standalone financial results for the quarter and year ended March 31, 2025. Full-year revenue from operations rose about 12% to Rs 96,064 lakhs (vs Rs 85,607 lakhs in FY24), while total income grew to Rs 99,961 lakhs. Profit after tax jumped to Rs 236.36 lakhs from Rs 78.57 lakhs, roughly tripling year-on-year, helped by lower exceptional-item losses. Statutory auditor JPS & Co issued an unmodified (clean) opinion. Cash flow from operations, however, remained negative at Rs -529.88 lakhs (vs Rs -1,174.44 lakhs). On governance, Company Secretary Ms. Komal resigned effective May 30, 2025, with Mr. Deepak Raj Singh appointed in her place from June 2, 2025; M/s Baj & Company was re-appointed as Internal Auditor for FY 2025-26, and the corporate office is being shifted within Gurugram.
Positive signals: sharp jump in full-year PAT and clean audit opinion boost confidence in earnings quality. Watch-out: operating cash flow is still negative and short-term borrowings climbed to Rs 8,064 lakhs (from Rs 5,633 lakhs), keeping the balance sheet stretched relative to equity of Rs 4,931 lakhs.