Reupload Audited Financial Results Along with Independent Auditor''s Report for Quarter & Year Ended on 31st March 2025 due to wrong pdf file uploaded.
Awaiting price reaction for this filing.
Gold Coin Health Foods Ltd has reuploaded its audited financial results for the quarter and year ended March 31, 2025 after the earlier PDF was found to be incorrect. For FY25, total revenue came in at Rs 8.74 lacs (vs Rs 4.51 lacs in FY24), and the net loss narrowed sharply to Rs 12.21 lacs from Rs 32.11 lacs in the previous year. Q4 FY25 actually posted a small profit of Rs 1.21 lacs, compared to a loss of Rs 12.15 lacs in Q4 FY24. The auditor gave an unqualified (clean) opinion but added an Emphasis of Matter noting that shareholders approved a Scheme of Reduction of Capital at an EGM on March 27, 2025, which is still subject to NCLT approval. The balance sheet remains weak, with reserves standing at Rs (198.32) lacs due to accumulated losses against share capital of Rs 300.09 lacs.
The sharp reduction in losses is encouraging, but revenue base remains very small and reserves are deeply negative, indicating a stressed financial position. Shareholders should track the NCLT outcome on the share capital reduction scheme, which is intended to set off accumulated losses.