Revision in Outcome of Board Meeting held on 30th May 2025 with correction in address of Company website.
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Gratex Industries has issued a revised outcome of its board meeting held on 30th May 2025, mainly to correct the company website address to www.gratex.in. The Board had approved the Standalone Audited Financial Results for Q4 and full year ended 31st March 2025. Statutory Auditors M/s Harshal Doshi & Associates issued an unmodified (clean) opinion on the results. The Board also appointed M/s JC & Associates as Secretarial Auditor and Mrs. Sujata Hodge as Internal Auditor for FY 2025-26. From the balance sheet, total equity rose to Rs 364.39 lakh from Rs 350.42 lakh, while total liabilities fell sharply from Rs 71.47 lakh to Rs 47.16 lakh. Operating cash flow improved to Rs 20.95 lakh from Rs 6.35 lakh, though profit before tax dipped to Rs 10.74 lakh from Rs 12.34 lakh.
This is primarily an administrative correction (website address) and does not change the substance of the earlier board outcome. Shareholders can take comfort from a clean audit opinion, improving equity base and better operating cash generation, though the slight dip in pre-tax profit is a minor watch point.