Approval of the Audited (Standalone and Consolidated) Financial Results for the quarter and financial year ended 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. FY25 standalone revenue from operations stood at Rs. 452 lakhs with total income of Rs. 471 lakhs, yielding a profit after tax of Rs. 77.10 lakhs (EPS Rs. 0.51) — a sharp swing from a loss of Rs. 12.42 lakhs in FY24. Data costs were the largest expense at Rs. 263 lakhs. The company also discontinued its old retail/wholesale business during the year and pivoted fully to digital media and advertising, which drove the turnaround. Joint statutory auditors issued an unmodified (clean) opinion. The Board also approved forming two new subsidiaries under its UK arm — EarnX AI Tech Inc. (US) and MA Asia Pte Ltd. (Singapore) — both wholly owned, to expand into digital advertising, AI marketing and content monetization.
Positive turnaround signal for shareholders as the company returned to profit on the back of its new digital media business, though results are not strictly comparable with FY24 due to the business change. Negative operating cash flow of Rs. 156 lakhs and a mid-year auditor addition are minor governance items to watch. The international subsidiary push signals an ambitious global growth strategy.