Announced Mon, 28 Apr · 18:44 IST

With reference to the above subject we hereby inform you that the meeting of Board of Directors of the Company held on Monday, 28th April, 2025 at the Registered Office of the Company at ....

Revenue DeclineResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Dharni Capital Services Ltd met on 28th April 2025 and approved the audited standalone and consolidated financial results for the half-year and full year ended 31st March 2025. The statutory auditor M/s BSD & Co. issued an unmodified (clean) opinion on the results. Revenue from operations declined to Rs. 601.11 lakhs in FY25 from Rs. 819.81 lakhs in FY24, a drop of about 27%. Despite the revenue fall, profit after tax rose to Rs. 321.55 lakhs from Rs. 293.85 lakhs, supported by a sharp reduction in other expenses. The Board also appointed M/s Ronak Jhuthawat & Co. as Secretarial Auditor for FY25 and M/s Bagrodia & Co. as Internal Auditor for a three-year term from FY26 to FY28. No investor complaints were pending during the year.

Likely market impact

Clean audit opinion is a positive signal for governance and credibility. However, the sharp decline in top-line revenue may concern investors, even though bottom-line profit improved on cost rationalisation. Shareholders should watch whether the revenue weakness continues and whether expense cuts are sustainable.