1. Approved the Audited Financial Results for the half year and financial year ended on 31st March, 2025, along with the Auditors' Report thereon and the Statement of Assets and Liabilities ....
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The Board of PlatinumOne Business Services met on 29th May 2025 and approved the audited financial results for the half year and full year ended 31st March 2025. Revenue from operations rose about 14.8% year-on-year to Rs.3,042.70 lakhs (from Rs.2,649.84 lakhs), while profit after tax grew roughly 5.7% to Rs.155.49 lakhs (from Rs.147.08 lakhs). EPS stood at Rs.9.83 versus Rs.9.29 last year. The auditors, M/s Bilimoria Mehta & Co., issued an unmodified (clean) opinion on the annual results. The Board also recommended a final dividend of 20%, i.e. Rs.2 per equity share on a face value of Rs.10.
The clean audit opinion and steady earnings growth are supportive for shareholders, and the 20% dividend offers a modest income. However, the company's cash balance dropped sharply from Rs.432.95 lakhs to Rs.152.85 lakhs because of a large jump in fixed asset purchases (PP&E rose from Rs.69.51 lakhs to Rs.830.89 lakhs), funded through new borrowings — investors should watch how this capex translates into future revenue.