Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Clio Infotech Ltd approved the audited standalone financial results for the quarter and year ended March 31, 2025. Revenue from operations for FY25 stood at Rs. 14.61 lacs, almost flat compared to Rs. 14.55 lacs in FY24. However, net profit after tax more than doubled to Rs. 5.71 lacs (from Rs. 1.99 lacs in FY24), driven mainly by lower other expenses and the absence of an extraordinary loss. The statutory auditor KPSJ & Associates LLP issued an unmodified (clean) opinion. The Board also appointed Ms. Shubhangi Agarwal as the Secretarial Auditor for five financial years from FY 2025-26 to FY 2029-30, subject to shareholder approval. The trading window for insiders remains closed until May 29, 2025.
Shareholders get a clean audit report and a noticeable jump in annual profit, but operating cash flow turned sharply negative (Rs. -39.15 lacs vs Rs. 113.65 lacs last year) and borrowings rose from Rs. 462 lacs to Rs. 637 lacs, which may concern investors looking at cash quality. The auditor also flagged an Emphasis of Matter regarding RBI registration requirements and the company still searching for a suitable business opportunity, signalling that meaningful revenue growth is yet to be identified.