In reference to captioned subject, we hereby inform you that the Board of Directors of the Company, in their Board Meeting held on today, i.e. on May 23, 2025, at the Registered Office ....
Awaiting price reaction for this filing.
The Board of Directors of Omega Interactive Technologies Ltd met on May 23, 2025 (3:30 PM to 4:10 PM) and approved the audited standalone financial results for the quarter and full year ended March 31, 2025. Statutory auditor S S R V & Associates issued an Unmodified (clean) opinion on the results. The company swung from a loss of Rs 8.80 lakhs in FY24 to a profit before tax of Rs 158.85 lakhs in FY25, driven largely by interest income (Rs 253.46 lakhs) and finance costs of Rs 73.34 lakhs. Despite the accounting profit, operating cash flow remained deeply negative at Rs -1,115.20 lakhs, and cash and cash equivalents crashed from Rs 272.22 lakhs to just Rs 1.94 lakhs. The company raised Rs 656.82 lakhs through share warrants and paid down Rs 247.92 lakhs of borrowings during the year.
Shareholders get a clean auditor opinion and a headline return to profitability, but the underlying business is still burning cash and the balance sheet has lost nearly all of its cash buffer, signalling liquidity stress despite the accounting profit. Watch for follow-up fundraising or working capital normalisation before treating this as a sustainable turnaround.