Revised Outcome for the Board meeting for Audited Financial Result For year and Quarter ended 31.03.2025
Awaiting price reaction for this filing.
Avi Products India (formerly Avi Photochem) announced audited results for Q4 FY25 and full year FY25, with an unmodified (clean) auditor opinion from M/s N.K. Jalan & Co. Full-year revenue from operations slipped about 3% to Rs. 470.80 lakhs from Rs. 485.03 lakhs in FY24. Profit after tax collapsed to just Rs. 5.37 lakhs from Rs. 25.50 lakhs in FY24, a drop of nearly 79%. Q4 FY25 PAT was Rs. 2.27 lakhs versus Rs. 9.66 lakhs in the year-ago quarter. Total expenses stayed high at Rs. 489.56 lakhs, squeezing profit margins, and the company reported negative operating cash flow of Rs. (77.16) lakhs against a positive Rs. 30.86 lakhs in FY24. Segments are Ecommerce & Trading and Food & Beverages.
Sharp fall in profits and the swing to negative operating cash flow signal weak earnings quality and limited cushion, which may weigh on the stock despite a clean audit opinion. Investors should note the very thin profit base and cash burn before drawing conclusions about recovery.