Outcome of Board Meeting held on May 30,2025.
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Edvenswa Enterprises' Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified (clean) auditor opinion from Venugopal & Chenoy. Standalone revenue from operations surged to Rs. 472.79 Lacs in FY25 from Rs. 165.94 Lacs in FY24 (nearly 3x), while standalone PAT rose to Rs. 90.12 Lacs from Rs. 49.42 Lacs. On a consolidated basis (including US subsidiaries Edvenswa Tech Inc, Seltosoft Inc, and OMNI Networks Inc), revenue from operations climbed to Rs. 11,946.60 Lacs from Rs. 8,429.35 Lacs (about 42% growth) and PAT grew to Rs. 1,126.24 Lacs from Rs. 737.67 Lacs. The Board also appointed M/s BSS & Associates as Secretarial Auditors for 5 years and M/s ERR & Associates as Internal Auditor for FY26. The standalone balance sheet shows total assets more than doubling to Rs. 109.41 Cr, driven mainly by a sharp rise in investments and cash.
Strong top-line and bottom-line growth with a clean audit opinion is positive for shareholders. However, operating cash flow turned slightly negative on a consolidated basis and the company booked an extraordinary impairment of Rs. 60.97 Lacs, so investors should watch cash conversion despite the impressive reported profits.