Board of Directors Meeting held on 26.05.2025 for Financial Results .
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Awaiting price reaction for this filing.
The board of Ekennis Software Service Ltd met on 26 May 2025 and approved audited financial results for the half-year and full year ended 31 March 2025. Total revenue for FY25 stood at Rs 392.55 lakhs, up from Rs 324.61 lakhs in FY24, a growth of roughly 21% year-on-year. Statutory auditor M/s. AY & Co. issued an unmodified (clean) opinion on the results. The board also approved the audited annual accounts and re-appointed M/s. Mahata Agarwal & Associates as internal auditor for FY26. Profit before tax improved sharply to Rs 151.39 lakhs versus Rs 4.22 lakhs in the previous year. However, cash flow from operations was negative at Rs 19.49 lakhs in FY25 compared to a positive Rs 5.76 lakhs last year, and the company took on Rs 273.86 lakhs of new long-term borrowings to fund capex of Rs 559.18 lakhs. No investor complaints were pending.
Routine positive: clean audit opinion and strong revenue growth signal business momentum, but investors should flag the negative operating cash flow and significant new debt funding a capacity expansion, which could pressure near-term margins and add repayment obligations.