The Meeting of the Board of Directors of the company was held on 15th May, 2025 at registered office of the Company , to consider and take on record the Audited Financial Result for the ....
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Minaxi Textiles reported audited FY25 results with total income from operations of Rs. 2,945.59 lakhs, down about 16% from Rs. 3,512.97 lakhs in FY24. The company still booked a net loss of Rs. 52.77 lakhs for the year, though this is a sharp improvement from the Rs. 311.16 lakhs loss in the previous year. For Q4 FY25 alone, the company swung to a profit of Rs. 71.02 lakhs (vs. a loss of Rs. 44.54 lakhs in Q4 FY24) on revenue of Rs. 619.43 lakhs. Reserves remain at zero, and EPS for the full year is Rs. -0.11. Management noted that the company has incurred cash losses in both the current and previous year, has a past debt restructuring, and expects future operational cash inflows to support obligations, presenting results on a going-concern basis.
Shareholders get a mixed picture — losses are narrowing and the latest quarter turned profitable, but full-year results are still in the red, reserves are wiped out, and the company's own note flags ongoing cash losses and reliance on a going-concern assumption, which keeps the stock's risk profile elevated.