Result-Financial result for quarter and year ended on March 31, 2025
Awaiting price reaction for this filing.
Charms Industries Ltd reported audited results for FY25 with revenue from operations of about Rs. 10.86 lakhs, sharply lower than Rs. 38.95 lakhs in FY24 — a steep drop of over 70%. The company posted a net loss of Rs. 14.63 lakhs for FY25, slightly wider than the Rs. 13.31 lakh loss in the previous year. Total equity has shrunk to just Rs. 1.85 lakhs against a share capital of Rs. 410.61 lakhs, with negative reserves of Rs. (408.76) lakhs, indicating the book value is almost wiped out. Cash flow from operations remained negative at Rs. (2.35) lakhs, and borrowings of Rs. 40.25 lakhs remain unchanged. The statutory auditor issued an unmodified (unqualified) opinion on the results.
Negative — the company continues to post losses, revenue has collapsed, equity is nearly eroded, and operating cash flow is negative. While the clean audit opinion is a positive, the weak fundamentals suggest the stock remains a high-risk, thinly-traded micro-cap with limited investor appeal.