Outcome of Board Meeting Audited FR For the Qtr & Year Ended 31ST March2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Delta Industrial Resources Limited reported audited results for the quarter and year ended 31 March 2025 on 15 April 2025. The company, which is in commodity trading, recorded NIL revenue from operations for both Q4 FY25 and full-year FY25, with total income at zero for the year. The company posted a net loss of ₹16.65 lakhs for FY25, sharply wider than the ₹1.63 lakh loss in FY24. Q4 FY25 net loss stood at ₹6.16 lakhs with EPS of ₹-0.11 (full-year EPS: ₹-0.31). Total expenses for FY25 were ₹16.65 lakhs, mainly employee costs (₹8.31 lakhs) and other expenses (₹8.34 lakhs). Statutory auditor M/s Bhatter & Associates issued an unmodified (clean) opinion on the standalone results, and also confirmed there is no material uncertainty on going concern and internal financial controls were operating effectively.
Negative for shareholders — the company has no operating revenue, losses have widened nearly 10x year-on-year, and accumulated losses (₹64.72 lakhs) now exceed reserves, leaving other equity negative. While the audit opinion is clean, the lack of business activity and continuing losses raise concerns about the company's operational viability and long-term shareholder value.