The Board of Directors of the company in its meeting held today i.e., on May 29, 2025 has: 1. approved the Audited Standalone and Consolidated Financial results of the Company for the ....
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Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue fell to Rs. 963.37 lakhs from Rs. 1,037.11 lakhs, and standalone PAT dropped to Rs. 19.12 lakhs from Rs. 47.11 lakhs, with Q4 standalone showing a loss of Rs. 15.77 lakhs. Consolidated revenue dipped slightly to Rs. 3,358.14 lakhs and consolidated PAT declined to Rs. 180.95 lakhs from Rs. 219.54 lakhs. Statutory auditor M. Anandam & Co. issued an unmodified opinion on both results. The board also recommended appointing P S Rao & Associates as Secretarial Auditor for 5 years and discussed acquiring a stake in a Poland-based software and IT consultancy firm.
Weak standalone performance with a Q4 loss and a sharp drop in full-year profit may weigh on the stock, though the proposed Poland acquisition could be viewed as a future growth catalyst. Negative operating cash flow on both standalone and consolidated bases is a concern for near-term liquidity.