Board of directors considered and approved standalone and consolidated results for the quarter and year ended as on 31st march 2025, appointment of secretarial auditors, appointment of ....
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Machhar Industries' board met on 27th May 2025 and approved audited standalone and consolidated results for Q4 and full year ended 31st March 2025. Statutory auditor Ashok R. Majethia & Co. issued an unmodified (clean) opinion on both sets of results. FY25 consolidated revenue from operations fell to Rs. 1,568.12 lakhs from Rs. 1,693.22 lakhs last year, while net profit dropped sharply to Rs. 15.16 lakhs from Rs. 62.11 lakhs, translating to a negative EPS of Rs. 0.66 for the year. The Explosives division swung to a loss of Rs. 106.58 lakhs (vs Rs. 4.96 lakh loss last year), Transportation revenue declined, but Adblue revenue grew to Rs. 480.86 lakhs from Rs. 334.78 lakhs. The board also appointed M/s. Ganesh Palve & Associates as Secretarial Auditor for five years (FY26–FY30) and M/s. Ghatiya & Associates as Internal Auditor for three years (FY26–FY28), and updated its Related Party Transaction policy.
Mixed-to-negative read for shareholders: top line shrank and profits collapsed to a quarter of last year's level, though operating cash flow turned positive (Rs. 19.18 lakhs vs negative Rs. 20.98 lakhs) and short-term borrowings rose sharply to Rs. 189.56 lakhs. Stock may see pressure given the steep earnings drop, but the clean audit opinion and new auditor appointments signal routine governance housekeeping.