This is to inform you that 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 ....
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S & T Corporation Ltd announced audited financial results for the quarter and year ended March 31, 2025, both standalone and consolidated. For the full year, standalone revenue from operations jumped dramatically to ₹17.30 lakh from just ₹0.85 lakh in the previous year, while other income stood at ₹18.85 lakh, taking total income to ₹45.54 lakh (vs ₹21.14 lakh prior year). The company turned profitable at the PAT level with ₹6.97 lakh, compared to a loss of ₹15.26 lakh in FY24. However, the standalone Q4 results showed a loss of ₹37.16 lakh, driven by high expenses of ₹55.88 lakh. The statutory auditor issued an unqualified (clean) opinion with no modified opinion. The board also approved the appointment of M/s. M P Sanghavi & Associates LLP as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. Operating cash flow turned positive at ₹142.58 lakh versus a negative ₹228.80 lakh last year, and the company raised ₹670.62 lakh in long-term borrowings during the year.
The clean audit opinion and return to annual profitability are positive signals for shareholders, though the sharp Q4 loss and minimal absolute revenue base suggest the business remains small and volatile. The new long-term borrowing of ₹670.62 lakh significantly increases the company's debt load and warrants attention for future interest burden.