We wish to inform you that the Board of directors of the Company at its meeting held on Thursday, the 29th day of May at 03.00 P.M at the corporate office 8/1/2, Dr. U.N. Bramhachari Street, ....
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The Board approved audited financial results for Q4 and FY ended 31st March 2025. Total income rose to ₹32.89 lakhs from ₹19.93 lakhs in FY24, driven mainly by interest income and fair value gains. However, the company posted a net loss of ₹42.04 lakhs (improved from ₹117.97 lakhs loss in FY24) on higher finance and operating costs. Total assets surged to ₹1,353.51 lakhs from ₹250.08 lakhs, backed by ₹800 lakhs raised through share issuance and ₹335.44 lakhs in new borrowings, with loans and investments expanding sharply. Operating cash flow turned negative at ₹(148.98) lakhs versus ₹3.48 lakhs last year. Statutory auditor issued an unmodified opinion. The Board also appointed Mrs. Prachi Todi as Secretarial Auditor for five years from FY25-26.
Despite top-line growth and a narrower loss, the company remains loss-making with negative operating cash flows, signalling dependence on fresh equity and debt to fund its expanding loan and investment book. Shareholders should note the dilutive share issuance (capital up from ₹310.62 to ₹710.62 lakhs) and the shift to leverage via new borrowings.