The Board of Directors have approved the financial results for the quarter and year ended 31st March 2025
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Awaiting price reaction for this filing.
The board approved audited results for Q4 and FY25, with full-year revenue from operations falling about 10.9% to Rs 5,779.90 lakh from Rs 6,483.58 lakh a year ago. Net profit for the year dropped to Rs 19.16 lakh from Rs 33.74 lakh, a roughly 43% decline, though the company booked a one-time exceptional gain of Rs 9.76 lakh that helped lift pre-tax profit. Q4 standalone revenue was Rs 1,419.42 lakh with net profit of Rs 36.55 lakh, broadly steady versus the year-ago quarter. The statutory auditor Paul & Aravind LLP issued an unqualified opinion and the CFO confirmed an unmodified opinion. The balance sheet continues to show negative reserves of Rs (694.31) lakh and total borrowings of about Rs 2,071 lakh against equity of just Rs 261 lakh, leaving leverage extremely elevated.
Revenue and profit contraction combined with deeply negative reserves and very high debt levels (D/E roughly 8x) are significant red flags for shareholders, suggesting financial stress despite a clean audit opinion. Stock price sentiment is likely to be weak given the earnings decline and balance sheet weakness.