Approval of Audited Financial Statements for the Quarter and Financial Year ended 31st March 2025
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Chennai Ferrous Industries' Board approved audited financial results for Q4 and FY25 with an unmodified (clean) opinion from statutory auditors S.K. Gulecha & Associates. Total income for FY25 grew strongly to Rs 22,457 lakhs from Rs 14,303 lakhs in FY24 (~57% growth), driven mainly by higher sales volumes. Net profit after tax rose to Rs 401 lakhs from Rs 279 lakhs (~44% growth), with EPS improving to Rs 11.13 from Rs 7.74. However, Q4 standalone net profit fell sharply to Rs 19 lakhs from Rs 106 lakhs in Q4 FY24 due to higher purchase costs. Operating cash flow remained deeply negative at Rs -833 lakhs (vs Rs -260 lakhs in FY24), and cash balance dropped to Rs 49.6 lakhs from Rs 127.4 lakhs. Total assets stood at Rs 8,062 lakhs with reserves of Rs 2,188 lakhs.
Strong full-year revenue and profit growth is a positive for shareholders, but the sharp Q4 profit drop and worsening negative operating cash flow signal working capital strain and potential pressure on liquidity going forward.