This is to inform the Board at its meeting on 24.04.2025 has approved the Audited Financial result for the quarter and year ended 31.03.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jayshree Chemicals' board approved audited results for Q4 and FY ended 31 March 2025, with the auditor (AMK & Associates) issuing an unmodified opinion. The company reported a net loss for the year, though smaller than the previous year's loss, and operating cash flow turned negative at around Rs 76 lakhs compared to positive cash flow last year. An exceptional item of Rs 33 lakhs was booked towards expenses related to the earlier sale of its caustic soda plant to Grasim Industries. The board also approved selling the wind power division as a going concern on a slump sale basis to Vaishnav Infra Pvt Ltd for Rs 276 lakhs, and permanently shutting down the loss-making Electric Business Division. Additionally, Puja Guin was appointed as Company Secretary and Compliance Officer, and Jaiswal A & Co was recommended as Secretarial Auditor for five years.
Shareholders should note the company is restructuring away from its two non-core divisions (wind power and electric), which will dramatically shrink future revenue but may improve focus and margins on the core chemical trading business. The continuing losses and negative operating cash flow remain key concerns, though the audit opinion remains clean.