This is to inform you that the Board of Directors of the Company at their meeting held on Friday, 30th May, 2025, at the Registered Office of the Company situated at 46/2631 B, Safa Arcade, ....
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The Board approved audited standalone and consolidated financial results for the half year and full year ended March 31, 2025. On a standalone basis, revenue from operations fell to about ₹51,903 lakhs in FY25 from ₹62,739 lakhs in FY24, a drop of roughly 17%. Standalone net profit declined to ₹167 lakhs from ₹214 lakhs, and EPS dropped to ₹0.67 from ₹1.42. On a consolidated basis, including subsidiary Effective Lifestyle Pvt Ltd and associate Kanone Technologies Pvt Ltd, revenue was ₹51,907 lakhs (down from ₹62,745 lakhs), but net profit rose sharply to ₹382 lakhs from ₹225 lakhs, largely due to a ₹213 lakhs share of profit from associate Kanone Technologies. Auditor Kapish Jain & Associates issued an unmodified (clean) opinion on both sets of results. The company operates in trading and distribution of mobile phones, electronics, and related products.
Core standalone business is weakening with falling revenue and profits, which is a negative signal for shareholders. The headline consolidated PAT growth is driven by one-off associate-level profits rather than the parent's trading operations, so the underlying business story is soft.