Submission of Board Meeting Outcome held on 30th May 2025.
Awaiting price reaction for this filing.
The board of I-Power Solutions India Ltd, at its meeting on May 30, 2025, approved the standalone audited financial results for Q4 and full financial year ended March 31, 2025. The company reported a net loss of about Rs. 61.86 lakh for FY25, sharply wider than the Rs. 15.99 lakh loss in FY24. Total assets grew from Rs. 4.36 crore to Rs. 6.10 crore, driven mainly by addition of intangible assets (Rs. 4.33 crore) and investments (Rs. 1.37 crore). Long-term borrowings surged roughly 8.6x from Rs. 24.67 lakh to Rs. 2.14 crore, while other equity (accumulated losses) deepened to negative Rs. 96.76 lakh. Cash flow from operations remained negative at Rs. 10.27 lakh, with overall cash position improving only because of fresh borrowings. Statutory auditors M/s Anant Rao & Mallik issued an unmodified (clean) opinion on the results. The board also appointed Mr. V. R. Sridharan as Internal Auditor for FY26 and Lakshmmi Subramanian & Associates as Secretarial Auditor for a five-year term (FY26–FY30).
Negative for shareholders — losses widened sharply, operating cash flow is negative, and the company is now leaning heavily on debt (with negative net worth), though a clean audit opinion and fresh asset additions suggest ongoing business activity.