We enclose herewith the following documents for the quarter and year ended 31st March, 2025 approved by the board of Directors on 30th May 2025. a. Audited Financial Results of the Company. b. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Haria Apparels Ltd's board, on 30 May 2025, approved the audited financial results for FY25. Notably, Revenue from Operations is reported as zero for the full year and all quarters, with Total Income of ₹237.40 lakhs coming entirely from 'Other Income' (vs ₹242.50 lakhs in FY24). Net Profit after Tax stood at ₹83.65 lakhs for FY25, down about 6% from ₹89.24 lakhs in FY24, translating to EPS of ₹0.55 (vs ₹0.58). The company's reserves remain deeply negative at ₹(916.16) lakhs, indicating accumulated losses, though shareholders' funds improved to ₹612.82 lakhs from ₹529.16 lakhs. Operating cash flow turned strongly positive at ₹136.59 lakhs (vs ₹2.17 lakhs). Statutory auditor Rakchamps & Co LLP issued an unmodified (clean) opinion on the results.
For shareholders, the key red flag is that the apparels business shows no operating revenue — profits are entirely dependent on 'other income.' Despite a clean audit, declining profits, negative reserves, and absence of core business activity suggest limited operational visibility and pose concerns about long-term sustainability.