Results-Financial Results for Jun 30, 2025
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Awaiting price reaction for this filing.
Step Two Corporation Limited, a Kolkata-based NBFC, filed its unaudited financial results for the quarter ended June 30, 2025. Total revenue from operations fell sharply to about ₹89.71 lakhs, down from ₹257.27 lakhs in the previous quarter (March 2025) and ₹228.32 lakhs in the year-ago quarter — a decline of roughly 60% year-on-year. Total income for the quarter stood at ₹82.13 lakhs versus ₹228.32 lakhs a year earlier, hurt by other income swinging to a loss of ₹7.58 lakhs from a gain of ₹112.32 lakhs last year. Revenue lines include sale of products, sale of services, and share speculation activity. The statutory auditors, M K Kothari & Associates, issued an unqualified limited review report with no qualifications or observations.
The steep revenue drop and reversal in other income from gain to loss point to weak quarterly performance and likely near-term earnings pressure for shareholders. The clean auditor review offers some reassurance on accounting quality, but the sharp operational decline could weigh on the stock in the short term.