BSEQualitek Labs LtdMediumNeutral
Announced Wed, 18 Jun · 12:16 IST

In earlier communication the date "March 31, 2015" was inadvertently mentioned instead of correct date "March 31, 2025". The error is regretted and may kindly be read as "Audited Consolidated ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Qualitek Labs has filed a corrigendum to its earlier audited results for FY25, correcting a date typo (2015 instead of 2025) and including the previously omitted consolidated Cash Flow Statement. On a consolidated basis (first year of consolidation), total income stood at Rs. 7,074.27 lakh, net profit at Rs. 768.36 lakh, and EPS at Rs. 7.08. Standalone revenue more than doubled to Rs. 4,586.48 lakh (vs Rs. 2,018.34 lakh in FY24), with net profit at Rs. 528.33 lakh. During the year, the company raised Rs. 5,171.65 lakh via preferential allotment and acquired Interstellar Testing Centre (49.99%) and Quality and Testing Infosolution (100%), now consolidated as subsidiaries. The auditor (J Madan & Associates) issued an unmodified opinion on both results.

Likely market impact

The corrigendum itself is administrative and not material. However, the underlying results show strong revenue growth driven largely by acquisitions, a healthier balance sheet post the Rs. 48+ crore capital raise, and a clean audit — broadly positive for shareholders, though minority interests now claim a meaningful share of consolidated profits.