Submission of the corrected audited standalone financial results for the quarter and year ended 31.03.2025 which were submitted today with inadvertent typing error at certain places in ....
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Awaiting price reaction for this filing.
Samkrg Pistons & Rings submitted corrected audited standalone results for Q4 and FY25 after identifying typing errors in the earlier version uploaded the same day. FY25 revenue from operations stood at Rs. 24,388.89 lakhs, down marginally from Rs. 24,670.14 lakhs in FY24. However, FY25 profit after tax fell sharply to Rs. 590.27 lakhs from Rs. 1,260.98 lakhs in FY24, a drop of over 53%. Q4 FY25 alone slipped into a loss of Rs. 19.30 lakhs against a profit of Rs. 560.30 lakhs in Q4 FY24, with EPS at negative Rs. 0.20. The board recommended a 5% dividend (Rs. 0.50 per share) and noted the resignation of Independent Director Mrs. Nandiniy Vijaykumar effective May 28, 2025. The auditor issued an unmodified opinion.
The corrected filing is procedural, but the underlying numbers are concerning — profits nearly halved year-on-year and Q4 turned into a loss. Shareholders may react negatively to the sharp earnings decline and loss-making Q4, though the small dividend and clean auditor opinion provide some comfort.