Announced Thu, 29 May · 19:15 IST

Outcome of Board Meeting

Revenue Growth 20pctNegative Operating CashflowEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The board approved audited standalone financial results for the half year and full year ended March 31, 2025. Total income more than doubled to Rs 470.35 lakhs in FY25 from Rs 201.47 lakhs in FY24, a growth of roughly 133%. Profit before tax rose only modestly to Rs 38.01 lakhs from Rs 32.87 lakhs (about 16% growth), while total comprehensive income came in at Rs 27.89 lakhs versus Rs 23.58 lakhs in the previous year. The statutory auditor NGST & Associates issued an unmodified (clean) opinion on the results. The auditor also separately certified that the Rs 5.604 crore raised through the public issue has been fully utilised in line with stated objects.

Likely market impact

Strong top-line growth signals business expansion, but profit growth lagging sharply behind revenue indicates margin pressure and rising costs (depreciation jumped from Rs 13.34 lakh to Rs 57.83 lakh). Operating cash flow remained deeply negative at Rs (206.82) lakhs, meaning the business is still funding itself through equity infusion and borrowings rather than internal accruals — a key watchpoint for shareholders despite the clean audit.