Result for the Financial Year ended on 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Spright Agro Ltd reported a sharp jump in revenue and profit for FY25. Revenue from operations more than doubled to Rs 16,487.32 lakhs from Rs 7,247.04 lakhs in FY24, a growth of about 127%. Net profit rose to Rs 1,958.28 lakhs from Rs 1,162.14 lakhs, up roughly 68% year-on-year. Q4 FY25 itself turned profitable at Rs 577.88 lakhs versus a small loss in the year-ago quarter. The auditor issued an unmodified opinion but flagged two Emphasis of Matter paragraphs around uncertainties in trade receivables, loans, inventories, payables, and investment valuations. Operating cash flow remained deeply negative at Rs -4,199.67 lakhs (vs Rs -2,164.66 lakhs last year), with funding coming largely from share application money of Rs 4,278.73 lakhs.
Headline earnings growth looks strong, but the deeply negative operating cash flow and auditor emphasis on receivables, inventory and investment valuation uncertainties are red flags for retail investors. Quality of profits is questionable since the business is burning cash and relying on fresh capital infusion to sustain operations.