Outcome of Board Meeting held on May 07, 2025
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EKI Energy Services' Board, meeting on May 7, 2025, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations fell sharply to Rs. 16,461.47 lakhs from Rs. 25,885.17 lakhs in FY24, a decline of about 36%. Despite the revenue drop, the company swung back to a profit of Rs. 1,525.94 lakhs versus a loss of Rs. 12,477.22 lakhs in the previous year, with EPS of Rs. 5.55. The Board also approved the sale of a 10% stake in subsidiary EKI Sustainability Services and 100% stake in Galaxy Certification Services, appointed M/s Agarwal & Dhoot as the new internal auditor, and noted the pending demerger of the Generation Business into EKI One Community Projects, which the statutory auditor flagged as an Emphasis of Matter.
The return to profitability is a relief after last year's deep loss, but the steep revenue decline and ongoing restructuring (subsidiary sales plus pending demerger) make near-term earnings visibility uncertain. Shareholders should track regulatory clearance of the demerger and any recovery in trading segment volumes, as the stock may react to the structural changes more than the headline profit number.