The Board of Directors approved Financial Statement of the FY2025, in the Board Meeting held on 14.07.2025.
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Awaiting price reaction for this filing.
Indergiri Finance Limited, an NBFC, announced its FY2025 audited results approved on 14 July 2025. Revenue from operations grew sharply to Rs 222.66 lakh from Rs 78.82 lakh last year, but the company slipped deeper into loss with a net loss after tax of Rs 157.28 lakh versus Rs 64.71 lakh in FY2024. Total equity fell to Rs 275.63 lakh (from Rs 432.91 lakh) as accumulated losses eroded the book, while total liabilities ballooned from Rs 396.57 lakh to Rs 1,784.57 lakh driven by fresh borrowings and debt securities. The statutory auditor (Sampat & Mehta) gave an unmodified opinion but flagged an Emphasis of Matter noting the company's Net Owned Fund has fallen below the RBI-mandated Rs 5 crore threshold due to accumulated losses, and the company has applied to RBI for an extension. The company also acknowledged late submission of results and requested BSE to condone the delay.
This is a negative filing for shareholders — widening losses, regulatory capital shortfall below RBI norms, sharply rising leverage, and negative operating cash flow raise going-concern concerns. The company's ability to continue as a going NBFC hinges on securing an RBI extension and likely fresh capital infusion; expect stock price pressure and heightened regulatory risk.