Outcome of Board Meeting dated 30-05-2025
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The Board of Innokaiz India Ltd approved the audited financial results for the half-year and full year ended 31st March 2025, along with the balance sheet and cash flow statement. Total income for FY25 stood at Rs. 975.01 lakhs, a sharp drop of nearly 88% from Rs. 7,828.49 lakhs in FY24. The company swung from a profit of Rs. 210.24 lakhs in FY24 to a loss of Rs. 407.45 lakhs in FY25, with EPS turning negative at Rs. (3.99). The Board also re-appointed M/s S.A. & Associates as Secretarial Auditor and appointed S. Sathish Kumar as Internal Auditor for FY 2025-26. The statutory auditor (Gupta Agarwal & Associates) issued an unmodified opinion on the results.
The dramatic revenue collapse and swing to a sizeable loss are significant red flags for shareholders, likely to weigh negatively on the stock. With negative operating cash flow continuing, investors should watch closely for any turnaround signals or further deterioration in FY26.