Board of Directors of Indo Cotspin Limited at their meeting held on Today i.e. Saturday, 24th May 2025, at the registered office of the Company has inter alia, considered and approved the Standalone ....
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The Board of Indo Cotspin, at its meeting on 24 May 2025, approved the standalone audited financial results for the quarter and year ended 31 March 2025. Full-year revenue from operations grew about 50% to Rs 2,493.82 lakhs from Rs 1,662.49 lakhs in FY24. Profit after tax jumped to Rs 40.05 lakhs from Rs 6.64 lakhs, with basic EPS rising to Rs 0.58 from Rs 0.02. Q4 FY25 revenue rose to Rs 635 lakhs from Rs 508.81 lakhs in Q4 FY24, though Q4 itself posted a marginal loss of Rs 0.85 lakhs. Despite strong profit growth, net cash from operating activities turned negative at Rs -76.44 lakhs in FY25 (vs +Rs 23.57 lakhs in FY24), largely because trade receivables more than doubled to Rs 128 lakhs and trade payables fell sharply. Auditor Dinesh Kumar Goel & Co. issued an unqualified (clean) opinion with no qualifications or adverse remarks.
Strong top-line growth and a sharp jump in annual profit are positive for shareholders and the stock. However, the negative operating cash flow is a caution — reported profits did not translate into cash, mainly due to rising receivables, which investors should monitor closely.