The integrated Filling for March 31, 2025 is enclosed.
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Sawaca Enterprises Limited announced its audited financial results for the quarter and full year ended March 31, 2025, with statutory auditors M/s. M A A K & Associates issuing an un-qualified (clean) opinion. Revenue from operations for FY25 rose to Rs. 8,052.79 lakhs from Rs. 6,544.42 lakhs in FY24, showing strong top-line growth. However, the company swung to a small loss of Rs. 0.40 lakh for FY25, down from a profit of Rs. 64.70 lakh in FY24, mainly because a market-value revaluation of investments under Ind AS caused a Rs. 1.72 crore loss (shown as other expense); without this, profit would have been Rs. 1.37 crore. Total assets jumped sharply from Rs. 1,476.45 lakhs to Rs. 6,967.74 lakhs, partly due to a Rs. 45.76 crore Rights Issue completed in May 2024. The board also appointed Shah & Shah Associates as Secretarial Auditors for five years and Shah & Shah as Internal Auditors for FY26.
The clean audit opinion is positive for credibility, but the swing to a marginal loss and the large Ind AS-related investment write-down may concern shareholders despite underlying revenue growth. Total assets have expanded multi-fold due to the rights issue, with no deviation reported in fund use, suggesting capital deployment is on track.