With reference to above, we hereby inform that the meeting of the Board of Director of the Company held on 28th May, 2025. In the said meeting the board has approved the Audited Standalone ....
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Indo-City Infotech Limited reported audited financial results for Q4 and FY25 (ended March 31, 2025), approved by the Board on May 28, 2025. Total revenue from operations fell sharply to ₹823.46 lakhs from ₹2,100.76 lakhs in the previous year — a decline of roughly 61%. The company swung from a net profit of ₹38.77 lakhs in FY24 to a net loss of ₹125.48 lakhs in FY25, with EPS turning negative at ₹(1.21). Q4 alone saw revenue collapse to ₹71.36 lakhs (vs ₹270.30 lakhs a year ago) and a net loss of ₹42.25 lakhs. Operating cash flow remained negative at ₹(126.65) lakhs, worsening from ₹(23.79) lakhs last year, and other equity shrank from ₹224.32 lakhs to ₹98.44 lakhs. The statutory auditor (ASAT & Associates) issued an unmodified opinion.
The steep revenue decline and swing into losses indicate serious operational stress, which is likely to weigh on the stock price and erode shareholder value. Despite the losses, the company still maintains a strong current ratio (57.42) and very low debt, so there is no immediate solvency risk, but the negative operating cash flow is a concern.