Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, the Board of Directors of the Company at its meeting held on ....
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Sidh Automobiles' board, meeting on 30th May 2025, approved the audited standalone financial results for Q4 and full year ended 31st March 2025. Revenue from operations fell sharply to Rs 206.38 lakhs in FY25 from Rs 325.36 lakhs in FY24, a decline of about 37%. Despite the revenue drop, profit after tax jumped to Rs 15.14 lakhs from Rs 1.24 lakhs, mainly because total expenses were much lower. Statutory auditor Sumit Ranka & Associates issued an unmodified (clean) opinion on the results. The board also appointed Ms. Dhanashree Bhaskar Patade as a Non-Executive Independent Woman Director and accepted the resignation of Mr. Deepak Kumar as Non-Executive Independent Director, both effective 30th May 2025.
For shareholders, the results show mixed signals — top-line shrank significantly, but bottom-line improved on cost reduction. The clean audit opinion and routine board changes are neutral for the stock, though the small scale and revenue contraction remain concerns.