Outcome of Board meeting held on 30.05.2025 Inter-alia to consider and approve the financial results for the period ended 31.03.2025 is attached herewith.
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The board approved audited financial results for Q4 and FY ended 31 March 2025. Revenue from operations fell to Rs 3,510.94 lakh from Rs 3,649.30 lakh last year (down ~3.8%). The company swung to a net loss of Rs 29.11 lakh versus a smaller loss of Rs 8.14 lakh in FY24, and profit before tax was negative at Rs 49.26 lakh vs a marginal profit of Rs 2.02 lakh. EPS stood at Rs (0.91) versus Rs (0.25). Operating cash flow turned sharply negative at Rs (29.67) lakh compared with a positive Rs 309.95 lakh last year. The board also appointed Deepak Agal & Co as statutory auditors for five years (FY26–FY30), SP Kacholiya & Associates as internal auditor for FY26, and R.K. Jain & Associates as secretarial auditor for five years. Auditor issued an unmodified opinion.
Shareholders should note deeper losses, declining revenue, and a worrying swing to negative operating cash flow, though the company remains adequately capitalised with equity of Rs 580 lakh. New auditor appointments and a clean audit opinion provide some governance comfort, but the deteriorating financial performance is a concern for short-term stock sentiment.