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Awaiting price reaction for this filing.
Svam Software Ltd has submitted copies of newspaper advertisements (English and Hindi) published on June 1, 2025, announcing its audited financial results for the fourth quarter and full financial year ended March 31, 2025, as required under SEBI listing regulations. As per the published results, total income from operations fell to ₹30.82 lakhs in FY25 from ₹49.4 lakhs in FY24, a drop of about 37%. The company posted a narrow full-year net profit of ₹2.15 lakhs (vs ₹8.65 lakhs last year), while Q4 FY25 swung to a loss of ₹22.37 lakhs compared to a profit of ₹8.28 lakhs in Q4 FY24. The statutory auditors (GAMS & Associates LLP) issued a qualified opinion, flagging that the company's accounting software lacked an audit trail (edit log) feature for FY25, though the auditors noted this has no financial impact. The letter to BSE was signed on June 2, 2025 by Managing Director Harish Kumar Sharma.
This is essentially a routine compliance filing — the financial results were already filed with BSE earlier and are merely being republished in newspapers. For shareholders, the key takeaway is the sharp decline in revenue and profitability for FY25, along with the auditor's qualified opinion on internal financial controls, which may raise minor governance concerns but has no direct financial impact.