Copy of published Audited Financial Results for the Quarter and Year Ended March 31, 2025.
Awaiting price reaction for this filing.
The company (MPS Infotecnics Ltd, CIN L30007DL1989PLC131190) has published its audited financial results for Q4 FY25 and full year ended March 31, 2025, in Business Standard (English and Hindi) on May 28, 2025, as required under SEBI LODR Regulation 47. Total income from operations stood at Rs. 8.05 lakhs for Q4 FY25 and Rs. 44.10 lakhs for the full year, down from Rs. 10.63 lakhs and Rs. 54.58 lakhs respectively in the prior year. Net loss after tax widened sharply to Rs. 707.56 lakhs in Q4 FY25 (vs Rs. 110.20 lakhs loss in Q4 FY24) and Rs. 952.34 lakhs for the full year FY25, compared to a loss of Rs. 355.88 lakhs in FY24. Basic and diluted EPS stood at Rs. (0.025) for FY25. The results were approved by the Audit Committee and Board on May 26, 2025.
Shareholders should note a concerning deterioration in financial performance, with full-year losses more than doubling year-on-year and revenue continuing to shrink. This weak operating performance and continued cash burn is negative for the stock and existing investors.