Please find attached revised financial results for March 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Global Capital Markets Ltd submitted revised audited results for FY25, with no changes to any figures — only the note on ECL (Expected Credit Loss) provision was removed, along with the corresponding Emphasis of Matter in the auditor's report. Total revenue from operations jumped sharply to ₹329.24 lakhs in FY25 from ₹119.91 lakhs in FY24, driven by interest income (₹160.85 lakhs) and ₹165.75 lakhs from sale of shares. However, the company swung to a net loss of ₹85.11 lakhs for FY25 compared to a small profit of ₹0.51 lakhs in FY24, mainly due to ₹79.24 lakhs in losses from sale of investments/FNO segment and higher employee and other expenses. Q4 FY25 alone posted a loss of ₹58.95 lakhs. Operating cash flow remained deeply negative at ₹(327.63) lakhs, and other financial liabilities surged from ₹574.63 lakhs to ₹1,015.80 lakhs. The auditor issued an unmodified opinion but flagged four Emphasis of Matter items, including unconfirmed loan/advance balances and unrecognised interest income on advances of ₹563.09 lakhs and loans of ₹148.74 lakhs.
Shareholders should note the company swung to a full-year loss despite strong revenue growth, primarily hit by trading losses and rising costs. Persistent negative operating cash flow and growing other liabilities, combined with auditor concerns about unconfirmed advances and unrecognised interest income, warrant caution. The revision is administrative (removal of an ECL note) and does not change reported numbers.