Submission of Outcome of Board Meeting held on Friday, 30th May, 2025
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The board of Nexus Surgical and Medicare Ltd approved the audited financial results for the quarter and year ended March 31, 2025. For FY25, total income rose to Rs. 572.83 lakhs from Rs. 350.11 lakhs in FY24, while profit after tax more than doubled to Rs. 49.74 lakhs (vs Rs. 21.33 lakhs). EPS for the year improved to Rs. 0.91 from Rs. 0.39. The statutory auditor M/s. Satya Prakash Natani & Co. issued an unmodified/unqualified opinion on the results. The board also appointed M/s. Abhilasha Chaudhary & Associates as the company's Secretarial Auditor for FY 2024-25. No shareholder complaints were received during the quarter.
Strong top-line and profit growth year-on-year is a positive signal for shareholders, though the company continues to carry negative reserves of Rs. 440.83 lakhs, indicating accumulated losses. The clean audit report and routine secretarial auditor appointment are neutral governance signals with no major red flags.