Audited Standalone and Consolidated Financial Results for the Half and Financial year ended 31st March 2025.

Qualified audit opinionEmphasis of matterGoing-concern doubtRevenue declinedExceptional itemNegative operating cash flowResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Next day

₹13.90

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-4.8% vs market

Consulting Services peers, median of 17sector-0.3%-4.6% vs sector

By the next day the stock moved 4.8 pts less than Nifty Microcap 250 and 4.6 pts less than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

—+0.1—-0.9—

Next day

-5.0-0.2-4.8-0.3-4.6

-9.7+0.3-10.0+0.7-10.4

-5.3+0.9-6.1+0.2-5.5

-2.9+0.8-3.6-0.3-2.6

+1.9+2.2-0.2+0.8+1.1

+12.3+3.4+8.9-0.6+12.9

15d

—-0.8—-0.6—

—+2.9—+0.0—

+0.1+0.8-0.7+5.1-5.0

-5.4+0.0-5.4+3.2-8.6

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tarini International Ltd (BSE: 538496) reported audited standalone and consolidated results for FY25, approved by the Board on May 30, 2025. Standalone revenue from operations fell to ₹200.80 Lakhs from ₹218.50 Lakhs in FY24, an ~8% decline, though the company returned to a standalone profit after tax of ₹29.36 Lakhs versus a loss of ₹123.73 Lakhs in FY24 — mainly because FY24 carried exceptional items of ₹155.66 Lakhs (provision for diminution in VETL investment and HPWE GmbH share application money). Consolidated PAT was ₹163.35 Lakhs (including ₹140.46 Lakhs share of profit from associates) versus ₹4.06 Lakhs. The auditor issued a Qualified Opinion because the company has not provided for diminution of ₹121.59 Lakhs invested in loss-making subsidiaries whose net worth is eroded — had the provision been made, standalone PBT would have become a loss of ₹72.93 Lakhs. Multiple Emphasis of Matter items flag unconfirmed receivables, a farmhouse provisionally attached by the Enforcement Directorate since 2017, a ₹505 Lakh SEBI penalty under appeal at the Supreme Court, and pending compounding applications with MCA. Operating cash flow remained negative at ₹(25.40) Lakhs standalone and ₹(67.06) Lakhs consolidated.

Likely market impact

The qualified audit opinion, explicit going-concern uncertainty around subsidiaries, ongoing ₹505 Lakh SEBI litigation, and persistent negative operating cash flow are significant red flags despite the headline return to profit, which was driven by the absence of last year's one-time exceptional charge rather than operational improvement. Shareholders should view the earnings recovery cautiously.