Newspaper advertisement of the results for the quarter and year ended March 31, 2025 as attached
Awaiting price reaction for this filing.
Crysdale Industries Ltd submitted copies of newspaper advertisements publishing its audited financial results for Q4 FY25 and full year ended March 31, 2025, as required under SEBI Regulation 47. The ads appeared in Business Standard (English) and Pratahkal (Marathi). Standalone revenue from operations for the full year was just Rs 4.30 lakhs, with a loss after tax of Rs 19.09 lakhs (vs Rs 7.82 lakhs loss in FY24). Q4 standalone showed Rs 1.64 lakhs in revenue and a Rs 7.55 lakhs loss. EPS for the full year was negative Rs 1.16. The Board approved the results on May 29, 2025. The company also disclosed that it incorporated a subsidiary, Wergreen Industries Private Limited, with a 51% stake (5,100 shares at Rs 10 each), per a resolution dated June 26, 2024.
The very thin revenue base (under Rs 5 lakhs for the full year) and widening losses point to a struggling core business, which is negative for shareholders. The newly formed subsidiary could allow entry into new segments but adds execution risk given the parent's small size (paid-up capital of Rs 165 lakhs).