Outcome of the meeting of the Board of Directors held on Thursday, May 15, 2025
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Indo Credit Capital's board approved its audited standalone financial results for Q4 and FY25 on May 15, 2025. Total income for FY25 stood at Rs. 24.87 lacs, essentially flat versus Rs. 24.87 lacs in FY24. The company reported a net loss of Rs. 5.06 lacs for FY25, marginally better than the Rs. 5.08 lacs loss in FY24, though Q4 FY25 alone turned profitable at Rs. 8.96 lacs. Statutory auditor M/s Naimish N. Shah & Co. issued a clean (unmodified) opinion on the results. The balance sheet shows total assets of Rs. 982.16 lacs, zero financial indebtedness, and other equity deeply negative at Rs. (141.42) lacs, indicating accumulated losses. Operating cash flow improved to positive Rs. 1.92 lacs from negative Rs. 86.63 lacs a year earlier.
The clean audit opinion and turnaround to profitability in Q4 are mildly positive signals, but the company continues to post annual losses and carries negative other equity, which may limit upside in the stock. Investors should watch for sustained quarterly profitability before gaining confidence in a turnaround.