Register of Members will remain closed from 24th June 2025 to 30th June, 2025
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Awaiting price reaction for this filing.
Classic Electricals Ltd held a board meeting on May 20, 2025 and approved its audited financial results for the quarter and year ended March 31, 2025. Revenue from operations stood at nil, with total income of Rs 97.94 lakh broadly flat versus Rs 97.57 lakh last year. The company swung to a net loss for FY25, with basic and diluted EPS at (Rs 1.00) compared to Rs 1.33 profit in FY24. Operating cash flow remained deeply negative at Rs (143.85) lakh versus Rs (92.06) lakh last year, and borrowings nearly doubled to Rs 104.44 lakh. No dividend was recommended, and the AGM is scheduled for June 30, 2025, with the register of members closed from June 24 to June 30, 2025.
Shareholders face a loss-making year with no dividend, while rising borrowings and continued cash burn from operations may pressure the stock. The auditor issued an unmodified opinion, but the weakening financials are a near-term concern for retail investors.