We hereby inform you that the Board of Directors of the Company in its Meeting held today i.e. 12th May, 2025, has considered and approved the audited financial results for the fourth quarter ....
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Modella Woollens Ltd's board approved audited results for Q4 FY25 and full year ended March 31, 2025 on May 12, 2025. Total income for FY25 was just ₹6.67 lakhs, down from ₹7.94 lakhs in FY24 (a roughly 16% decline). The company reported a net loss after tax of ₹(17.22) lakhs for the year, wider than the ₹(12.83) lakhs loss in the previous year. Q4 FY25 also showed a loss of ₹(4.87) lakhs versus a loss of ₹(3.52) lakhs in the year-ago quarter, with loss per share at ₹(1.89) for FY25 compared to ₹(1.41) earlier. The statutory auditor (M/s Kochar & Associates) issued an unmodified (clean) opinion on the results, with no qualifications or emphasis of matter flagged.
For shareholders, this is a significant red flag — the company is generating almost no revenue, posting widening losses, and the balance sheet shows deeply eroded/negative reserves, pointing to a near-defunct or shell-like status. The stock is likely to remain under pressure and the company may face questions about its ability to continue as a going concern despite the clean auditor's opinion.