Audited Financial Results for the Quarter and Year ended March 31, 2025
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Skyline Ventures India Ltd reported zero revenue from operations and zero other income for both Q4 FY25 and the full financial year FY25. Total expenses stood at ₹37.91 lakhs for FY25 (down from ₹61.97 lakhs in FY24), mainly comprising employee costs (₹17.77 lakhs) and other expenses (₹19.84 lakhs). The company posted a net loss of ₹38.07 lakhs for FY25, narrower than the ₹61.93 lakh loss in FY24, with a basic EPS of ₹(0.96). Other equity has turned negative at ₹(35.46) lakhs (versus ₹2.60 lakhs a year ago), and cash balance is precariously low at just ₹0.35 lakhs. Cash flow from operations remained negative at ₹(6.89) lakhs, though better than ₹(59.61) lakhs in FY24. The statutory auditor M/s K S Rao & Associates issued an unmodified (clean) opinion on the results.
The company has essentially no operating business, is loss-making, carries negative shareholder equity, and holds negligible cash — a weak financial position for shareholders, though narrowing losses and a clean audit opinion provide some minor comfort.