Nila Spaces Limited has informed the Exchange regarding Outcome of Board Meeting held on May 05, 2025.
NILASPACES · price
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Nila Spaces Limited's board, which met on May 5, 2025, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, along with the auditor's report carrying an unmodified (clean) opinion. Total income for FY25 stood at ₹13,580.22 lakhs (standalone) and ₹13,579.82 lakhs (consolidated), up roughly 43–50% year-on-year. Standalone profit after tax for FY25 was ₹676.78 lakhs, while consolidated PAT was ₹1,342.26 lakhs. The board also approved a strategic investment of about ₹84.85 lakhs in Smarter Dharma Sustainable Solutions Private Limited through compulsorily convertible preference shares, giving Nila a 2.32% stake on conversion (not a related-party deal). Additionally, new secretarial, internal, and cost auditors were appointed for FY26 onwards. Net operating cash flow remained healthy at ₹5,289.71 lakhs (standalone) / ₹4,046.67 lakhs (consolidated).
A clean audit opinion and strong ~50% revenue growth are positives for shareholders, but consolidated PAT actually dipped slightly versus FY24, suggesting margin pressure despite higher sales. The small strategic investment in a sustainability SaaS platform is a minor diversification move and unlikely to move the stock materially on its own.