Outcome of the Board Meeting held on May 30, 2025.
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The board approved audited standalone financial results for Q4 and FY ended March 31, 2025. Revenue from operations fell sharply to Rs 13.55 lakhs in FY25 from Rs 19.70 lakhs in FY24, a decline of about 31%. Q4 revenue dropped to Rs 2.30 lakhs versus Rs 12.75 lakhs in the year-ago quarter. Full-year profit after tax was Rs 1.58 lakhs (vs Rs 1.94 lakhs), with Q4 PAT at Rs 2.70 lakhs (vs Rs 8.14 lakhs). EPS for the year stood at Rs 0.02, while Q4 EPS turned negative at (Rs 0.03). The statutory auditor issued an unmodified opinion, and the board also appointed RA Gala & Associates as Secretarial Auditor for five years (FY26-FY30), subject to shareholder approval.
Sharply lower revenues and a Q4 loss per share signal continued business weakness, which may weigh on investor sentiment despite an unqualified audit opinion. Appointment of a new secretarial auditor is routine and subject to AGM approval.