The Exchange had sought clarification from Suraj Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Standalone Statement of Cash Flow not submitted The response of the Company is enclosed.
SURAJLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Suraj Limited clarified to the stock exchange that the Standalone Cash Flow Statement was accidentally left out of its Q4 and FY ended March 31, 2025 results due to a scanning/compilation error, and has now submitted the revised results with the cash flow statement included. The auditor (Rinkesh Shah & Co.) gave an unmodified opinion on both standalone and consolidated results. Full-year revenue from operations fell sharply to Rs 23,374.29 lakhs from Rs 33,066.53 lakhs last year (about 29% drop), and Q4 standalone turned into a loss of Rs 387.78 lakhs versus a profit of Rs 598.71 lakhs a year ago. Full-year standalone profit after tax dropped to Rs 1,170.67 lakhs from Rs 2,066.18 lakhs, and net cash from operating activities turned negative at Rs 201.20 lakhs (standalone) and Rs 901.20 lakhs (consolidated) compared to a positive Rs 4,081.71 lakhs last year. The board also approved re-appointment of a whole-time director, the 32nd AGM on July 9, 2025, and new secretarial, internal and cost auditors.
The filing is primarily a procedural correction, so the immediate stock impact should be limited. However, the underlying numbers are weak — falling revenue, a Q4 loss, sharply lower full-year profit, and negative operating cash flow — which are negative signals for shareholders. Short-term borrowings have also nearly doubled, raising leverage concerns.