Please find enclosed audited financial results along with audited report and details of long term borrowing and others.
Awaiting price reaction for this filing.
OTCO International Limited reported audited FY25 results showing a dramatic top-line jump — revenue from operations rose to Rs. 201.45 Lacs from just Rs. 9.03 Lacs in FY24, though off a very small base. The company swung to a net profit of Rs. 2.95 Lacs versus a loss of Rs. 0.22 Lacs last year, helped by an exceptional item charge of Rs. 3.50 Lacs. Total expenses surged to Rs. 194.30 Lacs, and EPS stood at Rs. 0.05 vs Rs. (0.01) earlier. Operating cash flow, however, turned sharply negative at Rs. (198.65) Lacs versus an inflow of Rs. 90.92 Lacs last year, driven by working-capital build-up (inventory and receivables). Statutory auditor B.N. Misra & Co. issued an unmodified opinion, and the Board approved a new CFO, new company secretary, secretarial auditor, reappointment of the WTD, and authorization to sell land held as stock.
The profit turnaround is encouraging, but the large negative operating cash flow is a red flag — earnings are not yet translating into cash, so investors should watch working-capital and the planned land-sale execution. Governance churn (new CFO and CS) and continued reliance on borrowings (non-current debt of ~Rs. 565 Lacs vs equity of ~Rs. 266 Lacs) are additional points to monitor.