We hereby submit the Standalone and Consolidated Financial Results for the year ended 31st March 2025 along with the Independent Auditor''s Report.
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Awaiting price reaction for this filing.
IndiaNivesh Limited reported a standalone net loss of Rs 660.48 lakhs for FY25, widening sharply from Rs 203.40 lakhs loss in FY24, with EPS of Rs -1.75. On a consolidated basis, the company swung from a Rs 253.06 lakhs profit in FY24 to a Rs 638.72 lakhs loss in FY25, with consolidated revenue declining about 21% from Rs 830.96 lakhs to Rs 653.39 lakhs. Total expenses surged, largely driven by a Rs 984+ lakh finance cost after the company renegotiated interest on two large loans of Rs 62 crore and Rs 60.50 crore at 7.15% and 9% respectively. The auditor issued a qualified opinion (internal audit not done; subsidiary goodwill of Rs 20.36 crore not impairment-tested) and flagged a material uncertainty on going concern, given the standalone net worth is deeply negative at Rs -52.18 lakhs and consolidated net worth at Rs -40.50 lakhs.
This is a negative filing for shareholders — losses have deepened, net worth is fully eroded, and the auditor has flagged a going concern risk. Investors should expect heightened stock price pressure and monitor whether management can actually arrange the promised fund infusions to keep the company solvent.