Revised Financial Result for the FY 2024-25 and Declaration in respect to the unmodified opinion
Awaiting price reaction for this filing.
Shri Krishna Prasadam Limited re-filed its FY 2024-25 financial results, originally submitted on August 8, 2025, due to poor scanning quality, not a change in numbers. The auditor A K P S & Co. issued an unmodified (clean) opinion on the results. The company reported essentially zero revenue from operations, total income of just ₹0.22 lakhs, and a massive net loss of ₹1,275.41 lakhs, compared to a loss of ₹1.36 lakhs in FY24. Earnings per share stood at negative ₹12.63. The balance sheet shrank dramatically — total assets fell from ₹1,365.24 lakhs to just ₹1.27 lakhs, and other equity turned deeply negative at ₹(1,017.62) lakhs. The audit report includes an Emphasis of Matter noting the company was admitted into the Corporate Insolvency Resolution Process (CIRP) by NCLT in March 2022, and flagging reliance on management representations for opening balances and inventory write-offs done by the new management.
This is a deeply distressed small-cap company with no operating revenue, mounting losses that have wiped out shareholder equity, and a history of insolvency proceedings. Shareholders should treat the stock as extremely high risk; the clean auditor opinion is a procedural confirmation and does not change the underlying financial reality of near-zero operations and negative net worth.