The Board at their meeting held on today considered and approved the audited financial results for the quarter and financial year ended 31.03.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved audited standalone financial results for the quarter and full year ended 31st March 2025. The company swung from a loss of Rs 16.88 lakhs in FY24 to a profit of Rs 3.45 lakhs in FY25, driven mainly by the absence of large fair value losses that had hit FY24. Total revenue rose modestly to Rs 62.15 lakhs from Rs 59.46 lakhs, with interest income being the main contributor. Statutory auditor M/s Surajit Roy & Associates issued an unmodified (unqualified) opinion, and the Board appointed M/s Srimal Jain & Co. as internal auditor for FY26 while deferring the secretarial auditor appointment. Related party transactions for the half year ended 31st March 2025 were also approved.
A return to profitability is positive for shareholders, but the absolute profit is very small relative to the equity base, and operating cash flow stayed negative at Rs -7.60 lakhs, indicating the turnaround is not yet backed by strong cash generation. Overall neutral to mildly positive for the stock.