Considered and approved the Audited Standalone Financial Results of the Company for the half year and Year ended on March 31, 2025
Awaiting price reaction for this filing.
The board approved audited standalone results for FY25 (year ended March 31, 2025). Revenue from operations fell to about Rs 23.90 lakh from Rs 33 lakh last year, a decline of roughly 28%. However, profit after tax rose about 41% to Rs 10.07 lakh from Rs 7.13 lakh, helped by a sharp drop in total expenses (Rs 11.27 lakh vs Rs 25.21 lakh). The first half of FY25 (ended September 2024) was a loss-making period with nil revenue and a Rs 8.97 lakh loss, while the second half turned profitable with Rs 14.32 lakh profit. Statutory auditor Piyush Kothari & Associates issued an unmodified (clean) opinion. Reserves grew to Rs 138.32 lakh, and the balance sheet remains lightly geared with only Rs 5.40 lakh of short-term borrowings against equity of Rs 226.36 lakh.
Lower top-line combined with much stronger bottom-line and a clean audit opinion are supportive signals, but the wide swing from a loss-making first half to a profitable second half and the very small scale of operations indicate ongoing volatility for retail investors.