Smartlink Holdings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 09, 2025.
SMARTLINK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Smartlink Holdings' board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations rose modestly to ₹9,696.51 lakhs (vs ₹8,845.45 lakhs restated), but the company slipped into a pre-tax loss of ₹35.46 lakhs (vs profit of ₹730.51 lakhs), with PAT falling to ₹253.68 lakhs (vs ₹615.87 lakhs), supported by a deferred tax credit. On a consolidated basis, revenue grew to ₹21,452.63 lakhs and PAT eased to ₹660.51 lakhs (vs ₹705.95 lakhs). Statutory auditors issued an unqualified opinion but included an Emphasis of Matter on the merger of wholly-owned subsidiary Synegra EMS into the company, sanctioned by NCLT in January 2025, which led to restatement of prior-period figures and the company ceasing to be an NBFC, now operating purely in the Networking/IT Products segment. The board also altered the objects clause of the MOA and re-appointed internal and secretarial auditors.
Shareholders get a clean audit opinion and a strategic clarification (NBFC exit, pure-play IT hardware play post-merger), but the sharp standalone profit decline, swing to pre-tax loss, and steep negative operating cash flow of ₹(2,916.46) lakhs are red flags that may weigh on near-term sentiment despite revenue growth.