Race Eco Chain resubmits FY25 results with strong growth and unmodified audit opinion
RACE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Race Eco Chain resubmitted FY25 (ended Mar 31, 2025) audited results to NSE after addressing format queries. Standalone revenue grew about 60 percent to Rs 55,599 lakhs (from Rs 34,788 lakhs), with PAT rising to Rs 267 lakhs from Rs 22 lakhs. Consolidated revenue hit Rs 55,510 lakhs with PAT of Rs 267 lakhs. Operating cash flow was negative at minus Rs 2,832 lakhs standalone and minus Rs 4,176 lakhs consolidated. Auditor Garg Arun and Associates issued unmodified opinion on both.
Strong top-line and profit growth is positive, though negative operating cash flow and new subsidiary acquisitions warrant close monitoring by investors.