Audited financial results for the quarter and year ended 31.03.2025
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Krishna Filament Industries (formerly Mavi Industries) reported a net profit of Rs. 0.56 lakh for FY25, swinging from a loss of Rs. 2.21 lakh in FY24. Total income fell to Rs. 7.05 lakh from Rs. 8.56 lakh in the previous year, while expenses dropped to Rs. 8.01 lakh. For Q4 FY25 alone, the company posted a loss of Rs. 2.07 lakh on income of just Rs. 0.56 lakh, with EPS of (Rs. 0.03). The balance sheet shows severely negative net worth of Rs. (284.28) lakh against borrowings of Rs. 284.65 lakh and total assets of only Rs. 70.90 lakh. Operating cash flow remained negative at Rs. (0.16) lakh for FY25. The statutory auditor (P R Agarwal & Awasthi) issued an unmodified opinion on the results.
The company is in a financially distressed state with negative net worth, negligible revenue, and persistent operating cash outflows, though the FY25 swing to a small profit and an unmodified auditor opinion offer marginal comfort for shareholders.