We wish to inform you that the Board of Directors of the company at its meeting held today i.e., 29th May, 2025, has inter-alia considered and approved standalone financial results of the ....
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The Board of Directors of Spinaroo Commercial Ltd, at its meeting on 29th May 2025, approved the audited standalone financial results for the year ended 31st March 2025. Statutory auditor M/s. R. K. Banka & Co. issued an unmodified (clean) opinion on the results. Revenue from operations stood at ₹39.31 crore, down from ₹40.84 crore in the previous year, a decline of about 3.7%. Despite the top-line dip, the company reported a profit before tax of ₹1.97 crore (up from ₹1.86 crore) and profit after tax of ₹1.44 crore (up from ₹1.40 crore), with EPS of ₹2.88. The company also generated positive operating cash flow of ₹93.49 lakhs during the year. Share capital rose sharply from ₹100 lakhs to ₹500 lakhs, indicating a likely bonus issue or capital restructuring, while reserves correspondingly declined.
A clean audit opinion is reassuring for shareholders, but the marginal decline in revenue is a soft signal. Profitability was maintained and operating cash flow remained positive, suggesting the business is stable though not in a high-growth phase. The sharp rise in share capital may increase share count and dilute EPS going forward, which investors should watch.