Dear Sir, Please find the attachment. Regards, For First Fintec Limited Compliance Officer/ Authorised Signatory
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
First Fintec Limited reported audited results for FY25 with revenue from operations at Rs. 18.31 Million vs Rs. 17.85 Million in FY24 (a modest ~2.6% rise). The company posted a net loss of Rs. 0.95 Million for FY25, narrower than the Rs. 1.92 Million loss in FY24, but the Q4 standalone loss widened to Rs. 2.91 Million from Rs. 1.11 Million a year ago. Total expenses for FY25 stood at Rs. 21.96 Million, slightly lower than the Rs. 26.11 Million reported last year, driven mainly by a sharp drop in depreciation (Rs. 1.75M vs Rs. 11.35M). The auditor (JMT & Associates) issued an unqualified/unmodified opinion. Notably, Note 6 to the accounts flags that the company foresees large-scale demand contraction and significant downsizing of its employee base.
Negative — the company continues to report losses, Q4 losses have widened, operating cash flow is negative, and management itself has flagged demand contraction and possible workforce downsizing, signalling persistent financial weakness despite a slightly improved full-year bottom line.