We are enclosing herewith the copy of Audited Financial Results along with the Audit Report for the half and financial year ended 31st March, 2025 as approved by the Board of Directors ....
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Octaware Technologies Ltd (BSE SME, Scrip Code: 540416) submitted its audited standalone and consolidated financial results for the half year and full financial year ended 31 March 2025, approved by the Board on 30 May 2025. The statutory auditors, M/s D G M S & Co., Chartered Accountants, issued an unmodified (clean) opinion on both standalone and consolidated results. Consolidated revenue from operations grew to roughly Rs 1,575 lakhs in FY25, up about 23% from around Rs 1,277 lakhs in FY24. On a standalone basis, the company reported a profit before tax of about Rs 33.67 lakhs and paid off its long-term borrowings entirely (down from Rs 21.47 lakhs in FY24 to nil). The consolidated results include four subsidiaries — Octaware Gulf FZE, Octaware Information Technologies Pvt Ltd, Octaware Gulf QFC, and Octaware Co. Saudi. Total consolidated balance sheet size stood at around Rs 1,936 lakhs as on 31 March 2025.
A clean audit opinion combined with double-digit consolidated revenue growth and debt reduction is a constructive set of disclosures for shareholders. However, absolute earnings are small, so the broader stock impact is likely limited given the company's SME-listed, small-cap profile.