In continuation of our earlier outcome of Board Meeting dated May, 23, 2025, we wish to inform you that due to an inadvertent error, the required Annexure was not attached. The said Annexure ....
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Nirav Commercials Ltd has submitted a revised outcome of its May 23, 2025 board meeting, attaching the annexure that was inadvertently missed in the earlier filing. The board approved audited financial results for Q4 and full year ended March 31, 2025. FY25 total income stood at Rs 10.56 Cr (vs Rs 11.33 Cr in FY24) with a net profit of Rs 0.05 Cr (vs Rs 0.32 Cr in FY24), and EPS of Rs 1.11. Q4 FY25 showed a turnaround with net profit of Rs 0.20 Cr against a loss of Rs 1.88 Cr in Q4 FY24, on higher total income of Rs 4.41 Cr. The board appointed Dash Dwivedi & Associates LLP as Secretarial Auditor for 5 years, re-appointed Suryaprakash Maurya & Co. as Statutory Auditor for FY26–FY30, and re-appointed CS Ankita Vishwakarma as Internal Auditor for FY26. The statutory auditor issued an unmodified opinion on the results.
The revision is procedural and does not alter the substance already disclosed, so no new price reaction is expected. While the Q4 rebound is encouraging, the sharp drop in full-year profit, lower EPS, and negative operating cash flow of Rs 0.28 Cr (vs Rs 3.75 Cr last year) are weak signals for shareholders to track.