Pursuant to the approval of the Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial year ended on March 31, 2025 in the Board Meeting held on 10.05.2025, ....
Awaiting price reaction for this filing.
SRM Energy Limited has submitted copies of newspaper clippings of its audited financial results (both standalone and consolidated) for the quarter and financial year ended March 31, 2025, which were approved at the Board Meeting on May 10, 2025 and published on May 11, 2025 in Financial Express and Jansatta. For Q4 FY25, the company reported a standalone net loss of Rs. 8.70 lakh and a consolidated net loss of Rs. 9.06 lakh. For the full year FY25, the standalone net loss was Rs. 37.58 lakh versus Rs. 38.61 lakh in FY24, while the consolidated loss narrowed sharply to Rs. 38.54 lakh from Rs. 77.38 lakh in FY24. Total income from operations remained negligible, with the company largely inactive, and the other equity remained deeply negative at Rs. (1,316.23) lakh on a standalone basis.
Continued losses and negative net worth signal ongoing financial weakness with little operational activity, which is bearish for shareholders. However, the sharp narrowing of the full-year consolidated loss may offer marginal relief, though the stock remains a high-risk bet.