Outcome of Board Meeting held today, i.e. Wednesday, May 28, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved Audited Standalone Financial Results for Q4 and FY ended March 31, 2025, with the statutory auditor (KDN & Associates LLP) issuing an unmodified opinion. Full-year revenue from operations fell to Rs. 2,331.10 lakhs from Rs. 2,619.62 lakhs in FY24, a decline of about 11%. However, full-year profit after tax rose sharply to Rs. 240.94 lakhs from Rs. 161.03 lakhs, a jump of nearly 50%. The fourth quarter standalone showed a loss of Rs. 100.04 lakhs against a profit of Rs. 35.06 lakhs in Q4 FY24. The Board also appointed ALAP & Co. LLP as Secretarial Auditors for 5 years and V V Patel & Co. as Internal Auditors for FY26.
Mixed signals for shareholders — full-year profitability improved significantly but top-line shrank and the company slipped into a loss in the final quarter. The clean (unmodified) audit opinion is reassuring, and the new auditor appointments are routine governance updates with no immediate pricing catalyst.