Signed Audit Report for FInancial Year 2024-25
Awaiting price reaction for this filing.
Netripples Software Ltd has filed the signed independent audit report for the financial year ended March 31, 2025, audited by BGS & Associates (Chartered Accountants, Hyderabad). The auditor has issued a clean (unqualified) opinion on the standalone financial statements, confirming compliance with Indian Accounting Standards and the Companies Act, 2013. The company is small-scale: paid-up capital and reserves are below Rs. 6.81 crore, annual turnover is under Rs. 10 crore, and it has no bank borrowings. Internal financial controls were found adequate and operating effectively, no fraud was reported, and there are no pending litigations, no long-term contracts with foreseeable losses, and no dividend was declared during the year. Related party transactions were found compliant with applicable sections of the Companies Act.
For shareholders, this is a routine positive filing — a clean audit opinion with no qualifications or red flags. No immediate impact on stock price is expected, though the absence of any dividend and the very small scale of operations may limit investor interest.