Dear Sir/Madam, Pursuant to Regulation 30 & 33 of SEBI (LODR) Regulations, 2015, we inform you that the Board of Directors at its meeting held on May 12, 2025, at the Registered Office, ....
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The Board of Directors of SAR Auto Products Limited, at its meeting held on May 12, 2025, approved the audited financial results for Q4 and full year ended March 31, 2025. Revenue from operations fell sharply to around ₹1,396.79 lakhs from approximately ₹2,003.58 lakhs in the previous year, a decline of about 30%. The company swung from a profit of about ₹42.33 lakhs in FY24 to a loss of around ₹114.90 lakhs in FY25, with EPS turning negative at roughly ₹(2.52). Total income for the year stood at about ₹1,504.84 lakhs versus ₹2,047.14 lakhs in FY24. The statutory auditor, J. A. Sheth & Associates, issued an unmodified opinion on the results, and the company confirmed that related party transaction disclosure under Regulation 23 is not applicable to it. The meeting lasted from 2:30 PM to 3:00 PM.
This is a negative disclosure for shareholders — the company reported a steep revenue decline of roughly 30% and slipped into a net loss for FY25, reversing the prior year's profit. The clean (unmodified) auditor opinion limits governance concerns, but the sharp deterioration in top line and bottom line is likely to weigh on the stock and investor sentiment in the near term.