Audited Financial Results for the Financial year ended March 31, 2025
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Classic Electricals Ltd reported audited results for FY25 with an unmodified auditor opinion. Notably, revenue from operations is nil across all periods; the company's income comes entirely from 'other income' of Rs. 97.94 lakh in FY25 versus Rs. 97.57 lakh in FY24. The company slipped from a net profit of about Rs. 19.07 lakh in FY24 to a net loss of around Rs. 19.07 lakh in FY25 (basic EPS of (Rs. 1.00) versus Rs. 1.33). The Board has not recommended any dividend. Borrowings nearly doubled to Rs. 104.44 lakh (from Rs. 54.02 lakh), and cash flow from operations remained negative at Rs. (92.06) lakh. A 5:1 bonus issue was made to non-promoter shareholders in October 2024, and D. Kothari & Associates was appointed as Secretarial Auditor for FY25-29.
Shareholders should note the company has no operational revenue and posted a full-year loss, making this more of a holding/income entity than an operating business. Negative operating cash flow, rising borrowings, and no dividend signal limited financial momentum, though the clean audit opinion provides some comfort.