Publication of Audited financial results for the quarter and year ended 31st March 2024
Awaiting price reaction for this filing.
Binny Limited (Scrip Code: 514215) informed BSE that its audited standalone financial results for the quarter and year ended March 31, 2024 were published in Business Standard (English) and Makkal Kural (Tamil) on December 6, 2025, under Regulation 47 of the SEBI Listing Regulations. The filing was made roughly 20 months after the end of the reporting period, indicating a significant delay in public disclosure. Total income from operations fell sharply to Rs 7.72 crore in FY24 from Rs 15.44 crore in FY23. The company swung to a net loss of Rs 2.42 crore in FY24 versus a net profit of Rs 5.94 crore in FY23, with EPS turning negative at Rs (10.86).
Shareholders should note the weak FY24 results — revenues nearly halved and the company moved from profit to loss, which is negative for the stock. The unusually long delay in publishing the audited FY24 results also raises corporate governance and compliance concerns that investors may want to track.