Outcome of Board Meeting held on 28.05.2025
Awaiting price reaction for this filing.
Oswal Yarns Limited reported its audited financial results for Q4 and full year ended March 31, 2025, with the auditor issuing an unmodified opinion. Full-year revenue from operations rose modestly to Rs 199.39 lakhs (FY24: Rs 194.04 lakhs), but the company slipped deeper into loss with a net loss of Rs 11.98 lakhs versus Rs 5.61 lakhs in the previous year. Q4 was particularly weak, swinging from a Rs 15.42 lakh profit in Q4 FY24 to a Rs 5.05 lakh loss. Total expenses climbed to Rs 213.32 lakhs, driven mainly by higher purchases of stock-in-trade. Reserves have turned negative at Rs (91.81) lakhs, though total equity remains positive at Rs 309.19 lakhs. Operating cash flow, however, stayed positive at Rs 27.11 lakhs, though lower than the Rs 75.28 lakhs generated last year.
Shareholders should note widening losses and eroding reserves, though the company still has positive net worth and an unmodified audit opinion. The weaker Q4 performance and persistent losses may weigh on investor sentiment and could put pressure on the stock price in the short term.