Financial Results for quarter ended 31.12.2024
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company reported zero revenue from operations for Q3 FY25 as well as for the nine months ended 31 December 2024, indicating a complete halt in its core business activity. Total income for the quarter was just Rs 0.43 lakh (entirely from 'Other Income'), down sharply from Rs 36.96 lakh in Q3 FY24. The company posted a loss after tax of Rs 2.01 lakh for the quarter and Rs 8.16 lakh for 9M FY25, compared to a profit of Rs 30.77 lakh in the same nine-month period last year. Basic EPS turned negative at Rs (0.06) for 9M FY25 versus Rs 1.02 in 9M FY24. The auditor's review report drew attention to non-compliance with the Registrar of Companies regarding the Company Secretary position (resigned July 2024, new appointee pending filing) and unconfirmed bank balances from HDFC Bank and Indian Overseas Bank.
With no operating revenue, recurring losses and unresolved compliance gaps, the stock is likely to remain under pressure. Shareholders should seek clarity from management on the company's future business plan, since core operations appear completely dormant.