In reference to captioned subject, we hereby inform you that the Board of Directors of the Company, in their Board Meeting held on today, i.e. on May 16, 2025, at the Registered Office ....
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Gallops Enterprise's Board of Directors met on May 16, 2025 and approved the audited standalone financial results for Q4 FY25 and the full year ended March 31, 2025, along with an unmodified (clean) auditor's report from M/s. S. K. Jha & Co. The company's core revenue from operations for FY25 was just Rs. 0.16 lakh, down sharply from Rs. 1.76 lakh in FY24, while total income stood at Rs. 16.21 lakhs. The company reported a net loss of Rs. 17.63 lakhs for FY25, compared to a profit of Rs. 0.60 lakh in FY24. Reserves remain deeply negative at Rs. (369.22) lakhs, and basic EPS was Rs. (0.35). Operating cash flow was negative at Rs. (13.08) lakhs, though investing activities contributed Rs. 3.25 lakhs, leading to a net cash decrease of Rs. 9.84 lakhs.
Despite the clean auditor's opinion, shareholders should note the widening losses, near-zero operating revenue, and persistently negative reserves, which signal serious financial weakness. The negative operating cash flow and lack of meaningful revenue raise concerns about long-term viability, though the auditor did not flag a going concern issue in this filing.