Approval of Financial results for the Quarter & Year Ended 31-03-2025
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Swati Projects' board approved audited standalone and consolidated results for Q4 and FY25. Standalone total income from operations fell slightly to ₹11.87 lakh from ₹12.87 lakh, while the company swung to a net loss of ₹113.70 lakh versus a ₹57.89 lakh profit in FY24, largely driven by an exceptional loss of ₹76.73 lakh. Consolidated performance also weakened, with revenue dipping to ₹142.02 lakh from ₹147.00 lakh and the company posting a net loss of ₹54.42 lakh (attributable to owners) compared to an ₹87.78 lakh profit earlier. Operating cash flow was deeply negative at around ₹(1,065) lakh standalone and ₹(995) lakh consolidated. The statutory auditor M Modi & Associates issued an unmodified opinion on both sets of results. The board also appointed Ms. Shruti Agarwal as Secretarial Auditor for a five-year term, subject to shareholder approval.
Shareholders should note the sharp swing from profit to loss on both standalone and consolidated bases, driven by an exceptional item, alongside deteriorating operating cash flows. While the clean audit opinion is a positive, the weak profitability and cash burn may weigh on investor sentiment and the stock price in the near term.