Dear Sir, With reference to the captioned subject, we submit herewith the E-paper with respect to publication of Audited Financials Results for the Quarter and year ended 31st March, ....
Awaiting price reaction for this filing.
Avasara Finance Ltd has filed the newspaper (e-paper) publication of its audited financial results for the fourth quarter and full financial year ended 31st March 2025 with BSE, as required under SEBI LODR Regulation 47. For FY25, the company reported a net loss of ₹44.61 lakhs versus a profit of ₹21.68 lakhs in FY24, while other income stood at ₹115.02 lakhs (FY24: ₹133.00 lakhs). Revenue from operations was nil across all reported periods, and the company's reserves are negative at ₹(299.16) lakhs against a paid-up equity share capital of ₹500.09 lakhs. EPS for FY25 was ₹(0.89) compared to ₹0.43 in FY24. The results were reviewed by the audit committee on 27 May 2025.
This is a routine regulatory disclosure (newspaper publication of results), but it highlights a clear deterioration: the company swung from a profit in FY24 to a loss in FY25, with no operational revenue and continued erosion of reserves, which is a concern for shareholders.