Outcome of Board Meeting
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The board approved audited standalone financial results for Q4 and full year ended March 31, 2025. FY25 revenue from operations jumped sharply to Rs 729.71 lakh from Rs 24.57 lakh last year, while total income rose to Rs 804.21 lakh (vs Rs 111 lakh). Net profit for the year came in at Rs 182.14 lakh compared to Rs 17.39 lakh in FY24. Statutory auditor SDPM & Co issued an unmodified (clean) opinion. However, the auditor flagged an Emphasis of Matter noting that unsecured loans, creditors, debtors and advances balances are subject to confirmation, and prior year figures rely on the previous auditor's certification. The board also appointed Vishakha Agrawal & Associates as Secretarial Auditor for FY25 and opened a new corporate office in Andheri, Mumbai.
Strong top-line and profit growth is positive for shareholders, but red flags remain: reserves are deeply negative at Rs -1,111.90 lakh, borrowings rose to Rs 535.47 lakh, and operating cash flow is still negative at Rs -236.10 lakh. The clean audit opinion is reassuring, but the emphasis-of-matter note on unconfirmed balances warrants caution.