Standalone Audited Financial Result For The Quarter And Year Ended on March 31,2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Purohit Construction has reported audited financial results for Q4 and full year FY25, approved at the Board meeting on May 27, 2025. The company slipped into a loss at the operating level, with Profit Before Tax of negative Rs 26.61 lakh for FY25, compared to a profit of Rs 43.98 lakh in FY24. Net cash flow from operating activities remained negative at Rs 5.40 lakh (vs negative Rs 34.34 lakh in FY24). On the balance sheet, total assets fell to Rs 209.31 lakh from Rs 221.50 lakh, and other equity (reserves) is deeply negative at Rs -266.09 lakh, reflecting accumulated past losses. The statutory auditor (M/s Naresh J Patel & Co) issued an unmodified opinion. Separately, during the quarter the company received a GST demand of Rs 4.16 crore (Rs 2.08 crore in input tax credit disallowance plus interest, and Rs 2.08 crore in penalty) for FY 2017-18; the company has filed an appeal and disclosed the amount as a contingent liability without making any provision.
Shareholders should note the company is loss-making with negative reserves and persistent negative operating cash flow, signalling ongoing financial stress. The Rs 4.16 crore GST demand, disclosed only as a contingent liability, is nearly double the company's total assets of Rs 2.09 crore and could materially impact the stock if the appeal is unsuccessful.