Results for the financial year ended March 31, 2025.
Awaiting price reaction for this filing.
Univa Foods Limited reported audited results for FY25 with revenue from operations of ₹6.31 lakhs, down from ₹7.72 lakhs in FY24, an 18% decline. Total income fell sharply to ₹6.31 lakhs from ₹13.10 lakhs the previous year. The company posted a net loss of ₹20.84 lakhs, narrower than the ₹71.07 lakh loss in FY24, with EPS of ₹(0.145). The balance sheet shows severely eroded equity at ₹(75.60) lakhs (negative) while long-term borrowings rose to ₹71.51 lakhs from ₹50.96 lakhs. Operating cash flow remained negative at ₹(20.93) lakhs, funded by additional long-term borrowings. The statutory auditor issued an unmodified (clean) opinion on the results.
The negative net worth, continuous losses, and reliance on fresh borrowings to fund operations raise serious going-concern concerns for shareholders, despite the auditor issuing a clean opinion and the loss narrowing year-on-year.