Outcome Of Board Meeting Held On May 27, 2025 inter alia considered and approved the audited financial results of the Company for the quarter and financial year ended March 31, 2025 alongwith ....
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The Board of Directors of Dynamic Microsteppers Ltd approved the audited financial results for Q4 and FY ended March 31, 2025 on May 27, 2025. The company reported a net loss of Rs. 16.45 lakhs for FY25, wider than the Rs. 10.38 lakh loss in FY24. There is no visible income from operations; the total income of Rs. 16.45 lakhs appears to be entirely other income. Reserves and surplus stand at a deeply negative Rs. 4.77 crore, indicating fully eroded net worth. Operating cash flow was negative at approximately Rs. 1.68 crore for the year. The Board also authorized the sale/disposal of an immovable property in Silvassa. The statutory auditor (SSRV & Associates) issued an unmodified (clean) opinion on the results.
Shareholders should note that the company remains loss-making with negative net worth and negative operating cash flow, raising questions about the sustainability of its business. The authorized property sale could be a step to monetize assets and reduce borrowings, which stood at around Rs. 1.63 crore.