Outcome of the Board Meeting dated 27.05.2025
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Awaiting price reaction for this filing.
Madhusudan Industries' board approved audited financial results for FY ended March 2025, which showed a sharp deterioration — total income fell to Rs. 259.85 lakh from Rs. 424.89 lakh last year, and the company swung to a net loss of Rs. 41.93 lakh (vs profit of Rs. 229.50 lakh in FY24), mainly due to a Rs. 167.17 lakh loss on fair value of investments. EPS turned negative at Rs. (0.73) vs Rs. 4.32. The company essentially earns only lease income from its registered office property and has no operating manufacturing business. Mr. Jwalasingh Tulsiram Rajput was appointed as an Additional Independent Director for 5 years, and M/s Parikh Dave & Associates was appointed as Secretarial Auditor for FY26–FY30. Statutory auditor N.M. Nagri & Co. gave an unmodified (clean) audit opinion.
Negative for shareholders — the company slipped from a healthy profit last year to a loss this year, driven by mark-to-market losses on its investments. No dividend indicated; the weak earnings and tiny scale (income under Rs. 3 crore) suggest limited near-term catalysts for the stock.