Audited Financial Results for the quarter and year ended 31st March 2025.
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Gita Renewable Energy Ltd reported a sharp turnaround from profit to loss for FY25. Total income from operations fell to Rs 1,704.65 lakhs from Rs 8,763.53 lakhs in FY24, an over 80% year-on-year decline. The company swung to a net loss of Rs 3,926.75 lakhs in FY25, compared to a net profit of Rs 2,634.67 lakhs in FY24. For Q4 FY25, the company posted a net loss of Rs 127.23 lakhs versus a profit of Rs 961.52 lakhs in Q4 FY24. Basic and diluted EPS turned negative at Rs (0.95) for the full year. Operating cash flow remained negative at Rs (119.44) lakhs, although it improved from the prior year. Cash and bank balances rose to Rs 1,315.26 lakhs and the company has no borrowings on its books.
Shareholders should note the steep drop in revenue and the swing to a full-year loss, which indicates weakening operational performance. However, the company remains debt-free with positive cash balances and the statutory auditors issued an unmodified (clean) opinion on the results.