We are resumitting herewith the Audited Financial Result for the quarter and year ended on 31st March 2025 with revised covering letter and attaching disclosure as per SEBI Circular No. ....
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Gratex Industries has resubmitted its standalone audited financial results for the quarter and full year ended March 31, 2025, with a revised covering letter as per a SEBI circular. Statutory auditor M/s. Harshal Doshi & Associates issued an unmodified (clean) opinion on the results. The board also approved the appointment of M/s JC & Associates as Secretarial Auditor and Mrs. Sujata Hodge as Internal Auditor for FY 2025-26. From the balance sheet, total assets stood at Rs. 411.55 lakhs (down from Rs. 421.89 lakhs), while total equity improved to Rs. 364.39 lakhs from Rs. 350.42 lakhs, with reserves rising from Rs. 46.94 to Rs. 60.91 lakhs. Trade receivables fell sharply from Rs. 73.85 to Rs. 35.63 lakhs, and total liabilities declined to Rs. 47.16 lakhs from Rs. 71.47 lakhs. Operating cash flow improved notably to Rs. 20.95 lakhs versus Rs. 6.35 lakhs in the prior year.
A clean audit opinion and improved operating cash flow are positive signals for shareholders, while the rise in reserves indicates retained earnings growth. The lower trade receivables and reduced liabilities suggest better working capital management, though the full income statement details were not clearly legible in the filing to gauge revenue or profit growth.