In terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 this is to inform you that the meeting of the Board of Directors of the Company was ....
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The Board approved audited standalone and consolidated results for Q4 and FY25 along with the auditor's reports. On a standalone basis, revenue from operations collapsed from Rs 22.75 lakh (FY24) to Rs 3.08 lakh (FY25), an ~86% drop, and the company reported a loss before tax of Rs 7.20 lakh (vs Rs 2.79 lakh profit last year); standalone PAT still came in positive at Rs 10.50 lakh (vs Rs 6.87 lakh) almost entirely due to a Rs 17.70 lakh deferred tax credit, and other equity remained negative at Rs (26.40) lakh. On a consolidated basis, PAT fell sharply to Rs 23.08 lakh (vs Rs 98.21 lakh) because the company no longer books a share of profits from associate Shakambhari Oversea Trade Pvt Ltd (SOTPL), whose holding was diluted from 23.41% to 11.80% in FY24. The auditor (P Khetan & Co) issued an unmodified opinion but flagged an Emphasis of Matter on the SOTPL investment reclassification, which has been treated as a prior-period error under Ind AS 8 and corrected by restating opening balances as at 1 April 2024 - pushing consolidated other equity up to Rs 11,988.31 lakh from Rs 11,167.51 lakh (a Rs 797.76 lakh fair-value uplift in retained earnings). Standalone operating cash flow was negative at Rs (11.99) lakh for the year.
For shareholders, the headline PAT looks better than last year but this is driven by accounting/tax adjustments, not real operating performance - standalone revenue has nearly vanished and other equity is still negative. The SOTPL reclassification and restatement is a one-time boost to the consolidated balance sheet, but the underlying business remains very small, so investors should not read these numbers as operational recovery.