Dear Sir, Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements), 2015 ('Listing Regulations'), we wish to inform that the Board of Directors of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board, at its meeting on May 30, 2025, approved the audited financial results for Q4 and full year ended March 31, 2025 along with the auditor's report. The company reported zero revenue from operations for both Q4 and the full year, with total income of Rs. 66.40 lakhs (Q4) and Rs. 66.43 lakhs (FY25) coming entirely from 'other income' (mainly interest). Net profit for FY25 stood at Rs. 19.55 lakhs (down from Rs. 24.03 lakhs in FY24), translating to an EPS of Rs. 0.39. The auditor issued an unmodified opinion but flagged an Emphasis of Matter: the company lends to unrelated parties and earns most of its income from interest, effectively functioning as an NBFC without RBI registration. Management stated it intends to discontinue such lending activities. Net cash from operations was negative at Rs. (68.25) lakhs in FY25 versus Rs. (31.53) lakhs in FY24.
Shareholders should note the company has no core operating revenue and the auditor's emphasis on the unregulated NBFC-like lending activity is a regulatory red flag. Combined with negative operating cash flows, the stock carries business-model and compliance risks that could weigh on investor sentiment.