Submission of Revised Audit Report in prescribed format. Please be apprised that these results have already been approved by the Board o Directors in the meeting held on 26th May,2025
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Awaiting price reaction for this filing.
The company has resubmitted its audited standalone and consolidated financial results for the quarter and year ended March 31, 2025 after BSE raised a query that the original auditor's report filed on May 26, 2025 was not in the SEBI-prescribed format. The underlying numbers are unchanged. Statutory auditor Bipin B. Shah & Co has issued an unmodified opinion on both standalone and consolidated results. On the standalone P&L, FY25 profit before tax stood at ₹156.85 lakhs versus ₹152.70 lakhs in FY24, with finance cost of ₹158.81 lakhs. Total equity rose to ₹1,611.90 lakhs (from ₹1,201.90 lakhs) after the company received the balance 75% on 4,12,802 convertible warrants and allotted fresh equity shares. Cash flow from operations remained negative at ₹(58.84) lakhs for FY25, marking the second straight year of negative operating cash flow.
This is a procedural filing with no change to the underlying results, so there is no fundamental impact on shareholders. However, persistent negative operating cash flow despite a small rise in profit signals that core operations are not generating cash and is a point worth tracking.