We are enclosing herewith Audited Financial results, Auditors Report, Statement of Asset and Liabilities, Declaration on the unmodified opinion in Auditors report thereon for the year ended ....
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Haria Apparels Ltd has filed its audited results for FY25. The company reported zero revenue from operations across all periods, with total income of Rs 237.40 lakhs coming entirely from 'Other Income' (vs Rs 242.50 lakhs in FY24). Net profit for FY25 stood at Rs 83.65 lakhs (vs Rs 89.24 lakhs in FY24), giving an EPS of Rs 0.55. The balance sheet shows deeply negative other equity of Rs (916.16) lakhs, partly offset by a large share capital of Rs 1,528.98 lakhs, leaving total shareholders' funds at Rs 612.82 lakhs. Operating cash flow was positive at Rs 136.59 lakhs and cash balances improved to Rs 29.21 lakhs. Statutory auditor Rak Champs & Co LLP issued an unmodified opinion on the results.
Despite the small profit, the company effectively has no operating business and is funding itself purely from non-core income while sitting on heavy accumulated losses. Existing shareholders face a weak earnings base, low book value, and no clear operating turnaround in sight.