OUTCOME OF BOARD MEETING FOR APPROVAL OF FINANCIAL RESULTS FOR THE FINANCIAL YEAR 31.03.2025
Awaiting price reaction for this filing.
The Board of Seven Hill Industries met on 17 October 2025 and approved the audited standalone financial results for the quarter and year ended 31 March 2025. The statutory auditor M/s. Rishi Sekhri and Associates issued an unmodified (clean) opinion on the results. The company also appointed Jain Preeti & Company as the Secretarial Auditor for FY 2024-25. For FY25, the company reported sales of about Rs. 80.13 lakh and a thin net profit of Rs. 3.80 lakh, against interest expenses of Rs. 37.72 lakh. The balance sheet shows share capital of Rs. 13.00 crore but negative reserves & surplus of Rs. -4.10 crore, with unsecured loans of Rs. 6.84 crore.
Clean audit opinion is a positive signal, but the very low profitability, large interest burden relative to revenue, and negative reserves indicate weak financial health. Shareholders should watch for improvement in core earnings and reduction in accumulated losses in coming periods.