The Exchange had sought clarification from Rossell Techsys Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
ROSSTECH · price
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Rossell Techsys has responded to a clarification query from BSE/NSE regarding discrepancies in the XBRL filing of its March 2025 quarterly results. The company stated that the revised XBRL file has already been submitted and a clear, legible, machine-readable copy of the financial results is enclosed, asking the exchanges to treat the matter as closed. The filing also includes full audited consolidated and standalone financial results for FY25 (year ended March 31, 2025). Consolidated revenue from operations rose to ₹25,967 lakhs from ₹21,696 lakhs in FY24, but profit for the year declined to ₹791 lakhs from ₹1,121 lakhs. Basic EPS for FY25 stood at ₹2.10 versus ₹2.97 in the previous year. Operating cash flow turned sharply negative at ₹(4,226) lakhs versus ₹126 lakhs in FY24, mainly due to a large build-up in inventory and trade receivables. The company continues to operate under the registrations and bank accounts of the demerged entity (Rossell India Limited), with formal transfer of these in progress.
This is a routine procedural clarification on filing format, not a penalty or adverse regulatory action. Investors should note the mixed FY25 performance: strong revenue growth but a decline in net profit and a significant swing to negative operating cash flow, which may warrant closer scrutiny of working capital management.