Submission of Audited Financial Results for last quarter along with the results for the entire financial year ended 31/03/2025.
Awaiting price reaction for this filing.
LS Industries Limited, a small textile company, filed its audited annual and Q4 FY25 results with BSE on May 29, 2025. Total income for FY25 was ₹478.86 lakhs versus ₹57.49 lakhs in FY24, but the company posted a sharply wider net loss of ₹2,054.75 lakhs compared to ₹331.74 lakhs in the previous year. Revenue from operations actually declined to ₹29.11 lakhs from ₹44.89 lakhs, while total expenses ballooned to ₹2,707.63 lakhs. The balance sheet shows severely negative reserves of ₹(4,432) lakhs at end of FY25 against ₹(2,377) lakhs a year earlier, and cash and cash equivalents fell to just ₹0.51 lakh. Operating cash flow was deeply negative at ₹(1,608.30) lakhs for FY25. The statutory auditor (Sangeet Kumar & Associates) issued an unmodified opinion.
This is a financially distressed small-cap with accumulated losses now exceeding its share capital and near-zero cash, despite a clean audit opinion — shareholders face material going-concern and dilution risk, and the stock is likely to react negatively.