Pursuant to Regulation 30 & 33 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it may be noted that the Board of Directors ....
Awaiting price reaction for this filing.
Kilburn Office Automation's Board approved audited financial results for Q4 and FY25. Revenue from operations stood at Nil for both the quarter and full year, with total revenue of just ₹1 lakh in FY25 versus ₹120.71 lakhs in FY24 (a sharp decline driven by a fall in other income). The company reported a net loss of ₹19.39 lakhs for FY25, narrower than the ₹89.41 lakh loss in FY24, while Q4 FY25 posted a loss of ₹19.39 lakhs versus ₹6.52 lakhs in Q4 FY24. Loss per share improved to ₹(0.36) from ₹(1.18) a year ago. The statutory auditor issued an unqualified (clean) opinion. The company emerged from the IBC/CIRP process after NCLT approved a resolution plan by Candid Resources in February 2024, and minimal business operations continue post-resolution.
Shareholders should note that core business revenue remains nil and the company is still loss-making, though losses have narrowed and equity base has strengthened post-CIRP. Near-term stock movement may hinge on whether the new promoter (Candid Resources) restarts meaningful business activity, as current financials show no operating traction yet.