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 15, 2025, at the Registered Office ....
Awaiting price reaction for this filing.
Aditya Forge Limited's board, at a meeting on May 15, 2025, approved the audited standalone financial results for Q4 and full year ended March 31, 2025. FY25 revenue rose about 25% to ₹1,358.82 lakhs from ₹1,083.76 lakhs in FY24, while net profit jumped to ₹699.34 lakhs from ₹237.88 lakhs, helped by a ₹97.09 lakh exceptional gain and sharply lower finance costs. The auditor issued a qualified opinion, flagging two issues: absence of balance confirmations for trade payables, loans and advances, and an unresolved income tax notice for which no provision was made. Total assets fell sharply to ₹227.03 lakhs (from ₹872.65 lakhs), mainly due to the sale of property, plant and equipment. Net worth turned more negative at -₹354.45 lakhs, and operating cash flow was deeply negative at -₹989.57 lakhs.
The headline profit growth looks strong but is flattered by a one-time exceptional item and asset sales, while the negative net worth, negative operating cash flow, and qualified audit opinion (including an unresolved income tax exposure) are warning signs for shareholders. Investors should treat the results cautiously until the audit qualifications are resolved and cash generation improves.