1. Audited Standalone Financial Results and Statements for the quarter and financial year ended March 31, 2025 respectively along with the Statement of Assets and Liabilities, Cash Flow ....
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Kachchh Minerals, a small mining company, reported a sharp deterioration in FY25 results. Total income collapsed to Rs 35.81 lakhs from Rs 261.31 lakhs in FY24, a drop of about 86%. The company swung from a profit of Rs 61.72 lakhs to a loss of Rs 6.71 lakhs, with diluted EPS falling from Rs 1.16 to Rs -0.13. Cash and bank balances nearly halved from Rs 72.71 lakhs to Rs 17.11 lakhs, while operating cash flow stayed negative at Rs -6.37 lakhs. Accumulated losses in the 'other equity' reserve stand at Rs -327.79 lakhs, meaning the company has a deeply negative net worth buffer. The statutory auditor (Om Prakash S. Chaplot & Co.) issued an unmodified (clean) opinion, and the company separately filed a declaration confirming this.
Sustained losses, dwindling cash, and a deeply negative reserves position are red flags for shareholders. The stock is thinly traded and small-cap, so this result is likely to weigh on sentiment and price action in the near term.