Board of Directors in the meeting held on 29th May, 2025, has approved the change in Company'' accounting policy.
SUVIDHAA · price
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Suvidhaa Infoserve's Board, meeting on May 29, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations for FY25 rose to ₹118.2 Mn from ₹56.0 Mn last year, but the company still posted a loss after tax of ₹102.8 Mn (vs ₹145.2 Mn loss in FY24). Q4 FY25 standalone loss narrowed to ₹16.0 Mn from ₹26.2 Mn a year earlier, with revenue more than doubling to ₹42.8 Mn. Consolidated FY25 revenue from operations grew to ₹106.2 Mn (vs ₹76.1 Mn). The Board also approved a change in accounting policy: investments in subsidiaries and unquoted investments will now be measured at fair value through OCI (under IND AS 109/27) instead of at cost, applied retrospectively — this raised FY24 investment values by ₹119.1 Mn but reduced FY25 investment values by ₹14.6 Mn. Additionally, CS Jitendra Leeya was appointed as Secretarial Auditor for FY 2025-26 to 2029-30, pending shareholder approval. The auditor (G.S. Mathur & Co) issued an un-modified opinion.
Revenue growth is encouraging and losses are narrowing, but the company remains loss-making at both standalone and consolidated levels, so near-term profitability is still elusive. The accounting policy shift will make reported investment values more volatile, reflecting market fair value rather than historical cost, which shareholders should track when reading future quarterly results.