Publication of newspaper advertisement of audited financial results for the quarter and year ended 31st March 2025
Awaiting price reaction for this filing.
Iykot Hitech Toolroom Ltd has submitted to BSE copies of newspaper advertisements publishing its audited financial results for Q4 and FY ending 31 March 2025, as required under Regulation 47 of SEBI LODR. The ads appeared in Trinity Mirror (English) and Makkal Kural (Tamil) on 23 May 2025. For FY25, total income rose sharply to ₹509.97 lakhs versus ₹142.11 lakhs in FY24, while net loss narrowed to ₹104.54 lakhs from ₹198.68 lakhs. In Q4 FY25, revenue was ₹97 lakhs (vs just ₹7.01 lakhs in Q4 FY24) with a net loss of ₹26.54 lakhs (vs ₹78.05 lakhs loss in Q4 FY24). Equity share capital rose to ₹481.65 lakhs from ₹304.20 lakhs, indicating a capital infusion during the year. EPS remained negative at ₹-1.15 for FY25 (vs ₹-3.27 in FY24).
The improving revenue and shrinking losses year-on-year are mildly positive signals, but the company is still loss-making with negative EPS, so shareholders should not view this as a turnaround yet. The higher equity base suggests fresh capital was raised, which may dilute existing shareholders and will need to be deployed to drive future profitability.