A. Audited Financial Results: 1. Audited standalone Financial Results of the Company for the Quarter and Financial Year ended 31st March 2025. B. Appointment of Auditors: M/s. A K Jain ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited financial results for Q4 and FY ended March 31, 2025. The company reported a net loss of Rs. 2,132.31 lakhs for FY25, wider than Rs. 1,998.35 lakhs loss in FY24, with total income falling to Rs. 10,022.80 lakhs from Rs. 12,744.50 lakhs. EPS stood at negative Rs. 62.13 and other equity is deeply negative at Rs. -7,191.90 lakhs. The statutory auditor issued a qualified opinion, flagging fully eroded net worth, accumulated losses of Rs. 9,195.89 lakhs, and material uncertainty on going concern after three consecutive years of losses. The board also appointed new Secretarial, Internal, and Cost Auditors for FY25-26.
Negative for shareholders — the company is loss-making with completely eroded net worth and a going concern flag from auditors, raising serious solvency concerns. The 61st AGM is scheduled for August 11, 2025, and no dividend has been proposed.