FINANCIAL RESULT FOR THE QUARTER AND YEAR ENDED 31.03.2025
Awaiting price reaction for this filing.
Diamant Infrastructure Ltd reported a loss after tax of Rs. 21.844 lakhs for FY25, compared to a profit of Rs. 9.093 lakhs in FY24 — a sharp swing into the red. Total income for the year fell to Rs. 18.306 lakhs from Rs. 19.991 lakhs, while Q4 FY25 income rose to Rs. 6.977 lakhs from Rs. 3.794 lakhs in Q4 FY24. Total assets stood at Rs. 2,230.464 lakhs, with total borrowings of about Rs. 1,114 lakhs against equity of roughly Rs. 1,099 lakhs. The auditor flagged a 'Material Uncertainty Related to Going Concern,' noting the company has no major business activity and no employees. The auditor also highlighted that a company loan has been classified as NPA, with the bank having taken possession of the premises that was given as collateral security.
This is a deeply negative filing. The auditor's going-concern warning, the NPA loan with loss of collateral, the swing to a full-year loss, and negligible revenue signal serious solvency and operational risks. Shareholders should expect significant pressure on the stock and heightened risk of further deterioration or regulatory action.