Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Net Pix Shorts Digital Media's board, meeting on 28th May 2025, approved its standalone audited financial results for FY ended 31st March 2025 with a clean (unmodified) auditor's opinion from B.L. Dasharda & Associates. The company slipped into a loss, posting a net loss of Rs 3.79 lakhs in FY25 versus a profit of Rs 3.91 lakhs in FY24, while revenue from operations dipped to Rs 47.15 lakhs from Rs 52.00 lakhs. The second half (Oct'24–Mar'25) was particularly weak with a loss of Rs 6.87 lakhs. Operating cash flow deteriorated sharply to a Rs 592.82 lakh outflow, funded mainly by fresh long-term borrowings of Rs 592.20 lakhs, though the company also appointed S.M. Bhat & Associates as Internal Auditor (FY26) and Pimple & Associates as Secretarial Auditor for a 5-year term (FY26–FY30).
Shareholders should note the swing to a loss, declining revenues, and rising borrowings, indicating stress in core operations despite a clean audit opinion. The new auditor appointments are routine governance steps but unlikely to move the stock on their own.