Please find enclosed herewith the audited financial results
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Invigorated Business Consulting (formerly Escorts Finance) reported nil revenue from operations for FY25, with total income of just Rs. 35.38 lakhs coming entirely from other income, up from Rs. 26.34 lakhs last year. The company posted a net loss of Rs. 7.94 lakhs in FY25, an improvement from a Rs. 20.23 lakhs loss in FY24. The auditor issued an unmodified (clean) opinion but flagged an Emphasis of Matter, noting that the company's net worth remains fully eroded due to accumulated losses, and accounts are still being prepared on a going-concern basis. The company is no longer registered as an NBFC with the RBI and has had nil business turnover since its name change in June 2023. Operating cash flow turned negative at Rs. (26.86) lakhs versus a positive Rs. 85.80 lakhs in the prior year.
Despite a smaller loss, the company remains a non-operating shell with zero core revenue, a fully eroded net worth of Rs. (21,949.57) lakhs against equity capital of Rs. 4,017.25 lakhs, and continuing dependence on recovery of old NBFC loan assets. Shareholders should view this as a high-risk, turnaround-stage stock with no active business operations.