Board of Directors at their meeting held today have approved the following: 1) Audited financial results: 2) Appointment of Secretarial Auditor: 3) Appointment of Internal Auditor:
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Rich Universe Network Limited's board approved audited financial results for Q4 and FY ended March 31, 2025, with an unmodified (clean) opinion from statutory auditor Srivastava S & Co. The company reported a net loss of Rs. 29.32 lakhs for FY25, worsening from a loss of Rs. 8.79 lakhs in FY24 — roughly a 3.3x increase in losses year-on-year. Total income for FY25 stood at around Rs. 281 lakhs. Cash flow from operations was negative at Rs. (4.17) lakhs, compared to a positive Rs. 3.30 lakhs in the previous year. Additionally, the board appointed M/s. V. Agnihotri & Associates as Secretarial Auditor for a five-year term (FY26–FY30) and Mrs. Astha Chaturvedi as Internal Auditor for FY26.
Shareholders should note that the company remains loss-making with losses widening meaningfully and operating cash flow turning negative, which is a concern despite the clean audit opinion. The auditor appointments are routine governance moves and unlikely to move the stock on their own; the weak FY25 results are the key takeaway.