Outcome of Board meeting held on 30.05.2025
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The Board of Shree Securities Ltd approved the audited financial results for Q4 and FY ended 31 March 2025. Revenue from operations stood at Rs 68.08 lakhs in FY25, down marginally from Rs 70.51 lakhs in FY24. The company swung to a profit of Rs 65.73 lakhs in FY25 from a loss of Rs 5,936.64 lakhs in FY24, mainly because FY24 had a one-time exceptional loss of Rs 4,582 lakhs. Q4 FY25 PAT came in at Rs 30 lakhs versus a loss of Rs 5,988 lakhs in Q4 FY24. Statutory auditor R.K. Kankaria & Co. issued an unmodified (clean) opinion. No dividend was declared for FY25. The Board also appointed Ms Dipika Naresh Dayma as Internal Auditor for FY26 and M/s. Kirti Sharma & Associates as Secretarial Auditor for five years (FY26–FY30).
Profitability swing is largely technical, driven by the absence of last year's large one-time exceptional loss rather than a meaningful business turnaround; shareholders see no dividend, and the company continues to carry a deeply negative other equity balance of Rs (7,044) lakhs, which remains a concern despite the current-year profit.