Financial Results for 31.03.2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Dev Labtech Venture Limited (BSE SME, Scrip Code 543848) announced audited standalone and consolidated financial results for the half year and full year ended March 31, 2025, approved at a board meeting held on May 20, 2025. Statutory auditor M/s H A R & Co., Chartered Accountants issued an unmodified (clean) opinion on both standalone and consolidated results, with no change in auditor. Total balance sheet size grew sharply from Rs 2,866.89 lakh to Rs 4,377.69 lakh year-on-year (about 53% increase), driven by a large jump in inventories (Rs 1,978.29 to Rs 3,226.99 lakh) and trade receivables (Rs 191.28 to Rs 480.44 lakh). Reserves and surplus more than doubled to Rs 2,899.81 lakh, supported by conversion of share warrants into equity (share capital rose from Rs 827.11 to Rs 1,130.31 lakh). Cash and cash equivalents fell from Rs 17.44 to Rs 6.73 lakh, and long-term borrowings remained low at Rs 101.93 lakh. Detailed P&L line items were not clearly readable in the filing.
Clean audit opinion and a stronger reserves base are positive for shareholders, but shrinking cash balances and sharply rising receivables and inventories may pressure working capital and warrant monitoring of the P&L details once disclosed clearly.