Outcome of Board Meeting held on 30.05.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited standalone financial results for the quarter and full year ended March 31, 2025, along with the auditor's report. Full-year FY25 revenue fell sharply to about ₹1,978.10 lakhs from ₹3,117.04 lakhs in FY24 (roughly a 36% decline), and full-year profit after tax dropped to ₹176.46 lakhs from ₹249.70 lakhs (around 29% lower). In Q4 FY25, revenue was ₹629.59 lakhs versus ₹869.46 lakhs in Q4 FY24, but the company swung to a net profit of ₹65.64 lakhs from a loss of ₹43.74 lakhs a year earlier. Cash flow from operations remained negative at ₹-1.54 lakhs (improved from ₹-466.51 lakhs in FY24), and the closing cash balance is very thin at ₹4.20 lakhs. Trade receivables surged to ₹2,096.83 lakhs (from ₹413.53 lakhs) and trade payables jumped to ₹1,445.90 lakhs (from ₹157.55 lakhs), pointing to significant working capital build-up. The statutory auditor issued an unmodified (clean) opinion on the results.
The sharp revenue decline and lower annual profit are negatives for shareholders, though the return to a quarterly profit and clean auditor opinion are mild positives. Negative operating cash flow and a very low cash balance, combined with ballooning receivables, signal ongoing working capital and liquidity stress worth watching closely.