The Board of Directors of the Company at its meeting held today i.e. on May 17, 2025 (commenced at 5:00 P.M. and concluded at 6.30 P.M.) had inter-alia considered and approved: (i) Audited ....
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Awaiting price reaction for this filing.
The board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unqualified report from statutory auditors MLR and Associates. Revenue from operations surged from Rs 0.85 lakh in FY24 to Rs 17.30 lakh in FY25, while total income rose to Rs 45.54 lakh from Rs 21.14 lakh. The company swung to a standalone profit after tax of Rs 6.97 lakh from a loss of Rs 15.26 lakh in FY24, though Q4 standalone alone posted a loss of Rs 37.16 lakh due to a sharp spike in total expenses to Rs 55.88 lakh. M/s. M P Sanghavi and Associates LLP was appointed as Secretarial Auditor for five years (FY26–FY30), subject to shareholder approval. The filing notes no loan defaults, no related-party transactions above threshold, and no audit qualifications.
The full-year turnaround from loss to profit and the clean audit opinion are positive signals for shareholders. However, the standalone Q4 loss of Rs 37.16 lakh and the new non-current borrowing of Rs 670.62 lakh (raised from zero last year) merit attention. Given the very small revenue base (under Rs 50 lakh), the stock remains a micro-cap with limited liquidity.