Inspirisys Solutions Limited has informed the Exchange regarding Board meeting held on May 09, 2025.
INSPIRISYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Inspirisys Solutions' board, on May 9, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, along with the appointment of M/s S Dhanapal & Associates LLP as Secretarial Auditor for five years and notice for the 30th AGM on June 27, 2025. On a standalone basis, revenue from operations fell to Rs 37,842 lakhs in FY25 from Rs 47,783 lakhs in FY24 (a drop of about 21%), while standalone profit after tax dropped sharply to Rs 598 lakhs from Rs 2,608 lakhs (down ~77%), with EPS at Rs 1.51 vs Rs 6.58. Consolidated results were stronger, with PAT rising sharply to Rs 2,924 lakhs (from Rs 367 lakhs) helped by a Rs 518 lakh profit from discontinued operations and consolidated EPS at Rs 8.01. The company also recorded a Rs 542 lakh goodwill impairment, fully repaid its USD 49.84 lakh ECB loan from holding company CAC Holding Corporation, recognised a Rs 1,032 lakh deferred tax asset, and wound up its UAE and Indian IT Resources subsidiaries. Statutory auditor MSKA & Associates issued an unmodified opinion on both sets of results.
Mixed picture for shareholders – consolidated numbers show a strong rebound in profits, but standalone revenue and earnings have weakened significantly with a one-time goodwill write-off. The ECB repayment and clean audit opinion reduce finance cost pressure and improve confidence, though the sharp standalone profit decline and subsidiary closures may cap near-term enthusiasm.