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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ObjectOne Information Systems Limited reported audited financial results for the quarter and full year ended March 31, 2025. Full-year revenue from operations fell to Rs. 1,802.41 lakhs from Rs. 2,040.85 lakhs in the previous year, a decline of about 12%. Despite the lower revenue, the company swung to a net profit of Rs. 84.04 lakhs for FY25, compared to a net loss of Rs. 130.19 lakhs in FY24, helped by a sharp drop in total expenses to Rs. 1,696 lakhs from Rs. 2,198.74 lakhs. Q4 FY25 revenue stood at Rs. 502.11 lakhs with a net profit of Rs. 23.93 lakhs, against a loss of Rs. 240.58 lakhs in Q4 FY24. Statutory auditors P. Murali & Co. issued an unmodified (clean) opinion on the results, though they flagged that an actuarial valuation report for gratuity liability was not provided. The filing also discloses related-party transactions for the half-year, mainly director rent and remuneration.
A return to profitability is the key positive takeaway for shareholders, even though top-line revenue continues to shrink. The clean audit opinion is reassuring, but the revenue decline and the unresolved gratuity actuarial valuation are points worth watching for ongoing investor confidence.