Pursuant to regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 we are submitting herewith statement of Unaudited Financial Results of the company for ....
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NB Footwear Limited reported audited results for Q4 FY25 and full year FY25, showing zero revenue from operations for the entire year — same as FY24. The company posted a net loss of Rs. 22.87 lakhs for FY25, wider than the Rs. 19.25 lakhs loss in FY24. Total expenses were Rs. 22.87 lakhs in FY25 versus Rs. 19.25 lakhs the previous year, entirely comprising employee costs and other overheads. Reserves and surplus are deeply negative at Rs. (1,609.08) lakhs, and total assets stand at just Rs. 0.01 lakhs as of March 31, 2025, indicating virtually no operational asset base. Basic and diluted EPS was Rs. (0.17) for FY25 vs Rs. (0.24) for FY24. Statutory auditors K. Gopal Rao & Co. issued an unqualified opinion on the results.
This is a serious red flag for shareholders — the company has no revenue, is bleeding cash, and shareholder equity is deeply eroded with negative reserves. The stock is effectively a non-operating shell despite an unqualified audit. Investors should treat this with extreme caution as continued losses could trigger regulatory or listing concerns.