Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 3.7 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Darjeeling Ropeway Company Limited's board approved its audited standalone financial results for Q4 and FY ended 31st March 2025. The company recorded its first-ever revenue from operations of Rs 91.01 lakhs in FY25 (FY24: nil), but reported a net loss of Rs (26.69) lakhs for the year vs Rs (4.09) lakhs loss in FY24, as expenses of Rs 116.89 lakhs outpaced income. Q4 FY25 standalone loss stood at Rs (42.17) lakhs, with EPS at Rs (1.38). The board also appointed Jay Pandya & Associates as Secretarial Auditor for FY25 and Harshil Shah as Internal Auditor for FY26. The statutory auditor K M Chauhan & Associates issued an unmodified (clean) opinion. Cash and cash equivalents rose sharply to Rs 143.91 lakhs, and long-term borrowings were fully repaid.
Negative for shareholders — the company is still loss-making with widening annual losses despite first revenue, though the clean auditor opinion and improved cash position provide some stability. Stock may remain under pressure given continued losses and very small scale of operations.