Approved Standalone and Consolidated Audited Financial Results of the Company for the Quarter and Year ended 31st March,2025 along with the Auditors Report thereon, as recommended by the ....
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Modi's Navnirman Ltd has submitted revised audited financial results for FY25 after correcting a clerical error in the earlier version. Revenue from operations surged to ₹7,502.83 lakhs from ₹2,089.17 lakhs in FY24, a growth of roughly 259%. Profit before tax rose to ₹1,101.28 lakhs from ₹290.61 lakhs, while PAT (profit after tax) jumped to ₹820.40 lakhs from ₹257.29 lakhs, a growth of about 219%. Total balance sheet size expanded to ₹13,908.62 lakhs, driven mainly by a near-doubling of inventories to ₹11,565.86 lakhs and an increase in reserves to ₹7,142.98 lakhs. The auditor DGMS & Co. issued an unmodified (clean) opinion on both standalone and consolidated results, noted no key audit matters, no fraud, no cash losses, and confirmed internal financial controls are adequate. Operating cash flow, however, remained negative at ₹(1,845.76) lakhs, though improved from ₹(3,320.45) lakhs last year, mainly due to a large inventory build-up.
Strong top-line and bottom-line growth with a clean audit opinion is positive for shareholders. However, the negative operating cash flow caused by rising inventory warrants close monitoring. Investors should note this is a revised filing and assess inventory execution risk before drawing conclusions.