Further to our letter dated 20th May, 2024 and Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations & Disclosures) Regulations, 2015, We wish to inform you that the ....
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The Board of GTN Industries approved its standalone audited financial results for the quarter and full year ended 31st March, 2025. Revenue from operations for FY25 stood at Rs. 17,250 lakhs, down from Rs. 18,538 lakhs in FY24. The company reported a loss after tax of Rs. 465 lakhs in FY25, narrowing from a loss of Rs. 634 lakhs in FY24, with a Q4 FY25 loss of Rs. 160 lakhs versus Rs. 147 lakhs in Q4 FY24. EPS for the year improved to Rs. (2.65) from Rs. (3.61) a year ago. Statutory auditor Lodha & Co LLP issued an unmodified (clean) opinion. Total assets declined to Rs. 13,652.70 lakhs from Rs. 14,638.37 lakhs, and cash and cash equivalents fell sharply to Rs. 255.89 lakhs from Rs. 1,128.50 lakhs. The company also confirmed nil outstanding or incremental qualified borrowings under the SEBI large corporate framework.
Continued losses year after year remain a concern for shareholders despite the narrowing of losses in FY25. Falling cash balances and shrinking equity indicate financial pressure, though the clean audit opinion and absence of new qualified borrowings suggest no immediate solvency alarm. Investors should watch for a turnaround in revenue before expecting a positive stock reaction.