Board outcome for Integrated financial for quarter and year ended 31.03.2025.
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Awaiting price reaction for this filing.
Gujarat Winding Systems Ltd (formerly Hi-Tech Winding Systems) reported audited results for FY25 with an unmodified (clean) audit opinion from K M Chauhan & Associates. Total income for the year stood at Rs 29.80 lakhs versus Rs 2.24 lakhs last year, and profit after tax was Rs 5.85 lakhs versus Rs 0.18 lakhs. Notably, the company recorded no revenue from operations — the entire income is classified as 'other income'. For the March 2025 quarter alone, the company slipped into a loss of Rs 2.53 lakhs. Operating cash flow turned negative at Rs -11.37 lakhs (vs +Rs 0.61 lakhs in FY24), and other equity remains negative at Rs -66.51 lakhs, indicating accumulated losses.
Despite a clean audit opinion, retail investors should note red flags: zero operating revenue, negative operating cash flow, accumulated losses in the books, and a change in statutory auditor during the year. The stock price may remain under pressure as the business appears to be inactive on the operational front.