Approved and adopted Audited financial results for the Quarter and Financial year ended 31st March 2025
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The Board of The Standard Batteries Limited approved audited financial results for the quarter and financial year ended 31 March 2025 on 30 May 2025. For FY25, the company reported a net profit of Rs. 81.66 lakhs, a strong turnaround from a loss of Rs. 5.00 lakhs in FY24, taking EPS to Rs. 1.58 from (Rs. 0.10). However, the profit is largely driven by non-operating items — interest on income tax refund of Rs. 97.23 lakhs and a liability/impairment write-back of Rs. 15.49 lakhs — while revenue from operations remains effectively nil. The Q4 standalone quarter, however, swung to a loss of Rs. 14.38 lakhs versus a profit of Rs. 16.13 lakhs in Q4 FY24. Auditor V. Singhi & Associates issued an unmodified (clean) opinion. Reserves rose sharply from Rs. 12.03 lakhs to Rs. 93.70 lakhs, and operating cash flow turned positive at Rs. 101.30 lakhs (vs negative Rs. 16.32 lakhs last year). The Board also recommended re-appointment of Mr. Pradip Bhar (retiring by rotation), re-appointment of Independent Director Ms. Kavita Biyani, and appointed R.N. Shah & Associates as Secretarial Auditor for 5 years.
The full-year return to profit looks positive on the surface, but it is almost entirely propped up by one-time tax refund interest and write-backs rather than core business activity — revenue from operations is essentially zero. Shareholders should note the absence of a sustainable earnings engine and the Q4 loss, which suggests the headline profitability is not recurring.