Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 (as amended), the meeting of the Board of Directors of the Company held on today, 30th ....
Awaiting price reaction for this filing.
B&B Realty's Board approved the audited standalone financial results for Q4 and FY25 along with the auditor's report, which carries an unmodified (clean) opinion from new statutory auditors SRPC & Co LLP. FY25 revenue crashed sharply to ₹132.57 lakhs from ₹602.24 lakhs in FY24, a drop of roughly 78%, though profit before tax (treated as PAT) still came in positive at ₹46.42 lakhs versus ₹115.95 lakhs last year. The company did not declare any dividend for FY25 and saw one investor complaint during the quarter, which was resolved. The previous statutory auditor resigned during the year and was replaced by SRPC & Co LLP, who reviewed the change and raised no concerns.
Shareholders should note the steep ~78% YoY revenue collapse even though the company remains profitable and the auditor's opinion is clean, signalling heavy business contraction that could weigh on the stock. The mid-year auditor change and absence of dividend may also dent investor confidence, though low debt repayment and positive operating cash flow offer some comfort.