We, Indo Cotspin Limited, a public limited Company, hereby declares that Statutory Auditor of the Company has issued unmodified opinion on Standalone Annual Audited Financial Results for ....
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Indo Cotspin Limited announced its audited standalone financial results for FY25, with revenue from operations rising to ₹2,493.82 lakhs from ₹1,662.49 lakhs in FY24 — a growth of about 50% year-on-year. Total income, boosted by other income of ₹34.60 lakhs, stood at ₹2,528.42 lakhs. Profit after tax jumped sharply to ₹40.05 lakhs (FY24: ₹6.64 lakhs), translating to an EPS of ₹0.58 versus ₹0.02 in the previous year. The statutory auditor (Dinesh Kumar Goel & Co.) issued an unmodified (clean) opinion on the financial statements, with no qualifications or adverse remarks. The company paid equity share capital increased to ₹714.08 lakhs from ₹420.05 lakhs, indicating fresh equity issuance during the year. However, cash flow from operating activities turned negative at ₹(76.44) lakhs, down from a positive ₹23.57 lakhs in FY24.
Strong top-line and bottom-line growth along with a clean audit opinion are positive signals for shareholders, though the negative operating cash flow and working-capital pressures (higher receivables, lower trade payables) are points to watch. Overall, this is a materially improved results print year-on-year.