PFA
Awaiting price reaction for this filing.
Bharatiya Global Infomedia Limited reported audited results for FY25 with consolidated revenue of Rs 152.01 lakh, nearly flat compared to Rs 150.43 lakh in FY24. The company continues to report losses, though consolidated net loss narrowed to Rs 306.89 lakh from Rs 443.44 lakh in the previous year. Standalone loss was Rs 343.30 lakh versus Rs 445.01 lakh last year, with earnings per share at negative Rs 2.17. The auditor (Singh Ray Mishra & Co.) issued an unmodified opinion but flagged several serious concerns including an unresolved GST survey from July 2021, non-provision of Rs 5.40 crore in inter-corporate deposits and a Rs 6 crore SEBI penalty, and the absence of a CFO since August 2018. The board also approved the removal of three individuals from the promoter group and the appointment of a new independent director.
Despite the loss narrowing, the company remains unprofitable with negligible revenue and faces unresolved regulatory and tax exposures that pose meaningful risk to shareholders. Investors should weigh the going-concern signals from the auditor's emphasis-of-matter paragraphs and the lack of a permanent CFO against the modest year-on-year improvement in losses.