Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The board approved audited financial results for Q4 and full year ended March 31, 2025. Revenue from operations grew sharply to ₹4,000.76 lakhs in FY25 from ₹2,721.88 lakhs in FY24, a jump of about 47%, driven by LPG trading. However, profit after tax fell to ₹206.25 lakhs from ₹260.57 lakhs, a decline of roughly 21%, as the company booked higher exceptional items of ₹82.39 lakhs. The fourth quarter itself slipped to a small loss of ₹1.17 lakhs versus a profit of ₹83.96 lakhs a year earlier. Other equity remains negative at ₹(352.53) lakhs though it has improved from ₹(558.78) lakhs. Auditor K.S. Rao & Co issued an unmodified (clean) opinion. The board also appointed a new independent director, redesignated Ms. Riha Kabra as Executive Director for 5 years, appointed the secretarial auditor for five years, and fixed the 33rd AGM for August 13, 2025.
Shareholders see strong top-line growth but weaker bottom-line, with Q4 turning to a marginal loss — margin pressure is a concern despite higher sales. Director changes and the clean audit are routine; the AGM date is now confirmed. Watch for sustainability of the revenue growth and any further update on accumulated losses.