AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 31/03/2025
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Srestha Finvest Limited reported audited results for FY25 on May 30, 2025, posting a standalone net loss of Rs. 3,592.27 lakhs (adjusted loss Rs. 3,503.38 lakhs) against total income of Rs. 1,108.16 lakhs. On a consolidated basis (including subsidiary Srestha Greentech Pvt Ltd), the net loss was Rs. 3,583.51 lakhs on income of Rs. 1,128.8 lakhs, with EPS of -0.23. The statutory auditor, Darpan & Associates, issued a Qualified Opinion on both sets of results because the company has not provided Rs. 68.25 lakhs of interest owed to Arcadia Shipping Ltd on outstanding borrowings, with the dispute pending legal review. The Board also approved the appointment of SPAN & Co. as Secretarial Auditors for a 5-year term from FY25-26 to FY29-30, subject to shareholder approval.
Shareholders should note the auditor's qualified opinion and the substantial net loss, which signals continued financial weakness. The unresolved dispute with Arcadia Shipping Ltd and lack of interest provisioning could create future liability and pressure on already negative earnings, weighing on investor confidence.