Outcome of Board Meeting held on 03.06.2025
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Awaiting price reaction for this filing.
Samyak International's board approved audited financial results for Q4 and full year ended March 31, 2025, with statutory auditors M/s Ashok Khasgiwala & Co. LLP issuing an unmodified opinion. On a standalone basis, full-year revenue fell sharply to about Rs 10.29 crore from Rs 14.72 crore last year (roughly a 30% decline), while the company swung from a prior-year loss to a small profit of around Rs 24 lakh for FY25; Q4 FY25 alone slipped into a loss of Rs 10.86 lakh versus a Rs 23.48 lakh profit in Q4 FY24. On a consolidated basis, total revenue grew to about Rs 41.41 crore from Rs 38.06 crore, but consolidated net profit for the year was much lower than the previous year's Rs 3.80 crore. The board also approved a revised policy on materiality of related party transactions, and the company confirmed no outstanding defaults on loans or debt securities.
A clean (unmodified) audit opinion is reassuring, but the weak standalone revenue, a loss-making Q4, declining profitability on a consolidated basis, and negative operating cash flow are negatives for shareholders. The stock may see limited positive reaction given the mixed fundamentals.