Enclosed Audited financial results for the fourth quarter and financial year ended 31st March 2025 along with Statutory Auditor''s report thereon
Awaiting price reaction for this filing.
The Board of Directors of Clenon Enterprises Limited approved its audited standalone financial results for FY25 on May 30, 2025. Total income for FY25 stood at around 196.30 lakhs, almost entirely from 'other income' (likely interest or sale of land, given a visible 'Profit on sale of land' line of 218.91 lakhs in cash flow) as revenue from operations appears negligible. For comparison, FY24 total income was about 343 lakhs including operational revenue of ~343 lakhs. Profit before tax improved to about 80.88 lakhs (FY25) from roughly 59.64 lakhs (FY24), with PAT around 78.95 lakhs and basic EPS of about 1.00. Operating cash flow was positive at 35.56 lakhs and cash balance rose to 167.16 lakhs. Statutory auditor Gorantla & Co issued an unmodified (clean) opinion on the results.
For shareholders, the sharp drop in revenue from operations shows the company's main business has wound down, with profitability now being propped up by non-operating income such as asset sales and interest. While the bottom line and cash position improved year-on-year and the audit opinion is clean, this looks more like a liquidation/asset-monetisation phase than a going operational turnaround, which investors should monitor closely.