Audited financial Result for the fourth quarter and financial year ended March 31, 2025
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Swagtam Trading & Services Ltd reported audited results for FY25 showing a loss after tax of Rs 5.30 lakhs, reversing a profit of Rs 11.48 lakhs in FY24. Revenue from operations nearly tripled to Rs 27.05 lakhs (from Rs 9.24 lakhs), but total expenses of Rs 36.28 lakhs pushed the company into a pre-tax loss of Rs 6.87 lakhs. Cash flow from operations turned sharply negative at minus Rs 42.65 lakhs, and the cash balance fell to Rs 8.64 lakhs from Rs 28.94 lakhs. The board also approved a proposed name change to 'I-Stay Industries Limited' and initiated discussions for acquisitions with I-Stay Hospitality Private Limited. The statutory auditor (G.K. Kedia & Co.) issued an unmodified opinion and confirmed no going concern issues.
Short-term, the swing to a loss and negative operating cash flow are negative signals for shareholders, though the small scale limits materiality. The name change and hospitality-sector acquisition plans could redefine the company's business direction if approvals come through, making this a business-model transition story rather than a steady earnings one.