Outcome of Board Meeting held on 27.05.2025.
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The Board of Ridhi Synthetics approved audited financial results for the quarter and year ended March 31, 2025. Revenue from operations remained flat at Rs. 43.41 lakh year-on-year, while total income (including other income) fell to Rs. 206.46 lakh from Rs. 234.02 lakh. Profit after tax declined about 28% to Rs. 107.06 lakh (from Rs. 149.62 lakh), and EPS dropped to Rs. 8.91 from Rs. 12.45. Total Comprehensive Income turned negative at Rs. (687.63) lakh due to a large Other Comprehensive Income loss of Rs. (794.69) lakh, mainly from fair-value changes in investments. The auditor SVP & Associates issued an unmodified (clean) opinion. Cash flow from operations was negative at Rs. (87.32) lakh, though the company invested Rs. 233.17 lakh in fixed assets/capital work-in-progress during the year.
Operating performance weakened with higher expenses squeezing margins despite flat revenue, and operating cash flow turned negative — suggesting pressure on the core business. However, no debt, a clean audit, and a strong investment portfolio cushion the company, while the negative Total Comprehensive Income reflects market-value swings on investments rather than operating losses.