Standalone Audited Financial Results for the quarter and financial year ended 31°'' March 2025. Appointment of R. Bala Subramanian as the internal auditor of the Company for the financial ....
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National Oxygen's board, meeting on 29 May 2025, approved audited standalone results for Q4 and FY ended 31 March 2025. Revenue from operations fell to Rs 40.58 crore from Rs 45.26 crore last year, while net loss widened sharply to Rs 7.00 crore from Rs 3.23 crore. Loss per share stood at Rs (13.90) versus Rs (6.60) earlier. Total expenses rose to Rs 47.86 crore, and net worth is now negative at Rs (8.01) crore against Rs (1.00) crore, signalling continued stress. The board also appointed R. Bala Subramanian as internal auditor for FY26 and Lakshmmi Subramanian & Associates as secretarial auditor for five years (FY26–FY30). The statutory auditor issued an unmodified (clean) opinion. Separately, the company sold 5.60 acres of Mathur commercial land for Rs 8.01 crore and used the proceeds to repay term loans, reducing debt and interest costs.
Shareholders should note worsening financials with deeper losses and negative net worth, though debt reduction from the land sale may ease future interest burden. The clean audit opinion and stable management provide some comfort, but profitability remains a key concern for the stock.