Please find the attached outcome of Board Meeting.
Awaiting price reaction for this filing.
Cresanto Global Ltd's board approved its audited standalone financial results for Q4 and FY25 on May 22, 2025. The company reported zero revenue from operations in FY25, with total income of ₹52.59 lakhs entirely from 'other income' (up from nil in FY24). The loss before tax widened to ₹18.05 lakhs versus a ₹10.16 lakh loss in FY24, and EPS stood at negative ₹0.42. The Q4 profit of ₹6.86 lakhs was driven entirely by a one-time ₹50.82 lakh gain on sale of property, plant and equipment. The statutory auditor M/s. KTPS & Co. issued an unmodified (clean) opinion on the results.
The company remains in deep financial distress with negative net worth of ₹258.79 lakhs, near-zero cash balance of ₹0.01 lakh, and no operational revenue. The sole profit activity came from selling off its fixed assets, which is not sustainable. Shareholders should view this as a high-risk situation — continued losses, no operating business, and reliance on asset sales to stay afloat raise serious concerns about the company's viability.