HEREBY ENCLOSING FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED ON 31st MARCH, 2025 OF FY 2024-25.
Awaiting price reaction for this filing.
Sai Industries Ltd reported audited financial results for the quarter and full year ended 31 March 2025. The company posted a net loss of Rs 3.29 lakh for FY25, an improvement from a loss of Rs 11.87 lakh in FY24. Q4 FY25 loss was Rs 1.38 lakh versus Rs 11.08 lakh in Q4 FY24. Revenue from operations remains negligible, with total expenses for FY25 at only Rs 3.29 lakh. The balance sheet shows deeply negative reserves of Rs 475.84 lakh and total equity at negative Rs 179.08 lakh, while short-term borrowings ballooned nearly 7x from Rs 121.97 lakh to Rs 825 lakh, funded mostly by new debt. Operating cash flow stayed negative at Rs 3.31 lakh. The statutory auditor, M/s Girotra & Co, issued an unmodified (clean) opinion on the results.
The company continues to be loss-making with eroded reserves and negative net worth, indicating financial stress. The sharp rise in borrowings against a near-zero operating base raises concerns about sustainability, though the narrowing of losses is a minor positive. Shareholders should view this as a high-risk, distressed small-cap with minimal business activity.