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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved the appointment of M/s. Praful P. Karia & Co as internal auditors for FY 2025-26. The company also announced its audited financial results for Q4 and full year ended March 31, 2025, with statutory auditors Karia & Shah giving an unmodified opinion. Full-year revenue from operations fell to Rs. 55 lakhs from Rs. 61.86 lakhs last year, but net profit edged up to Rs. 13.83 lakhs from Rs. 12.21 lakhs. However, Q4 FY25 swung to a net loss of Rs. 41.29 lakhs, and total comprehensive income for the year turned negative at Rs. 26.48 lakhs due to a Rs. 40.31 lakh loss on fair value of investments. Total assets declined to Rs. 686.68 lakhs from Rs. 864.74 lakhs, mainly driven by lower borrowings and reduced investments.
Routine governance update with a new internal auditor on board; the weak Q4 loss and negative comprehensive income driven by mark-to-market investment losses may weigh on short-term sentiment, though full-year profit remains marginally positive. No major red flags on governance or leadership.