Audited Standalone Financial Results of the Company for the quarter and year ended march 31, 2025 along with Independent Auditor''s report.
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IMEC Services Limited reported a sharp turnaround in FY25 with revenue from operations jumping to Rs. 2,822.47 lacs from Rs. 641.38 lacs in FY24, a growth of around 340%. Net profit for the year surged to Rs. 2,541.91 lacs compared to just Rs. 3.25 lacs in the previous year, translating to EPS of Rs. 133.78 (vs Rs. 0.17 in FY24). Q4 FY25 alone contributed nearly all the year's revenue at Rs. 2,486.99 lacs, with a Q4 profit of Rs. 2,450.95 lacs, driven by business auxiliary services for steel imports. Total equity strengthened to Rs. 2,705.72 lacs and operating cash flow turned strongly positive at Rs. 862.67 lacs. The statutory auditor SCAN & Co. issued an unmodified (clean) opinion on the results, while flagging two emphasis-of-matter items: a Rs. 61.58 lakh customs/export obligation dispute (disclosed as contingent liability) and an Rs. 78 lakh SBI willful defaulter case pending in MP High Court.
Strong operational rebound with significantly improved profitability and balance sheet, though revenue concentration in a single quarter and ongoing legal/customs disputes remain watchpoints for shareholders.