The Board considered and approved the audited financial results for the quarter and financial year ended 31.03.2025
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The Board approved the audited standalone financial results for Q4 and full year ended March 31, 2025. The company swung back to a profit, posting a Profit After Tax of Rs 3.45 lakhs for FY25 compared to a loss of Rs 16.88 lakhs in FY24. Total revenue rose modestly to Rs 62.15 lakhs from Rs 59.60 lakhs, driven mainly by interest income of Rs 61.91 lakhs. The statutory auditor (M/s Surajit Roy & Associates) issued an unmodified (unqualified) opinion on the results. Related Party Transactions for the half-year ended March 31, 2025 were approved, and M/s Srimal Jain & Co. was appointed as Internal Auditor for FY26. The Board could not finalise a candidate for Secretarial Auditor, which has been deferred to the next meeting.
The return to profitability is a small positive, but the absolute earnings are tiny and the company continues to carry negative Other Equity (-Rs 8.96 lakhs) and negative operating cash flow (-Rs 7.60 lakhs), signalling underlying weakness. Shareholders should note the persistent cash burn despite the accounting profit, and the unresolved Secretarial Auditor appointment is a minor governance flag.