Radha Madhav Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
Awaiting price reaction for this filing.
Radha Madhav Corporation reported FY25 total income of Rs. 33.60 million, down from Rs. 38.48 million in FY24, with revenue from operations at a negligible Rs. 1.40 million for the full year. Total expenses surged to Rs. 32.83 million from Rs. 12.61 million, driven mainly by 'other expenses' jumping to Rs. 24.18 million from Rs. 3.79 million. Profit after tax collapsed to Rs. 0.77 million from Rs. 25.87 million, a 97% decline, with EPS falling to Rs. 0.10 from Rs. 3.31. The company has no outstanding borrowings, paid off Rs. 143.51 million of debt during the year, and generated Rs. 21.56 million from operations while selling down property, plant and equipment (which nearly halved to Rs. 101.64 million from Rs. 218.40 million). The statutory auditor issued an unmodified opinion, related party transactions were disclosed, and a new internal auditor, M/s. R Jangir & Co., was appointed for three years.
Sharp profit collapse and negligible operating revenue suggest the business is in significant retrenchment; however, the debt-free balance sheet and asset sale proceeds provide some cushion. Shareholders should view this as a weak operational year with limited growth visibility.