Outcome of Board Meeting dated 24-05-2025 attached.
TCC · price
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TCC Concept Ltd's board approved audited standalone and consolidated financial results for Q4 and FY25 on May 24, 2025, with an unmodified (clean) opinion from statutory auditors Mehra Goel & Co. On a standalone basis, revenue surged to Rs. 2,217 lakhs in FY25 from Rs. 480 lakhs in FY24 (over 4x growth), while profit after tax jumped to Rs. 1,265 lakhs from Rs. 59 lakhs. Consolidated revenue grew to Rs. 8,322 lakhs (vs Rs. 7,715 lakhs), but consolidated PAT ballooned to Rs. 4,210 lakhs from Rs. 202 lakhs, driven by the August 2024 acquisition of a 98.78% stake in NES Data Pvt Ltd (formerly Natural Environment Solutions) via a Rs. 45,542 lakh share swap. The company also raised Rs. 2,750 lakhs through a private placement of 10 lakh equity shares. Total assets nearly quadrupled to Rs. 78,468 lakhs. Separately, Company Secretary Divya Reejwani resigned and Isha Arora was appointed in her place, and Dhirubhai Shah & Co LLP was named as the new internal auditor for FY26.
Strongly positive for shareholders - dramatic revenue and profit growth, especially at the consolidated level, reflects the transformational NES Data acquisition. The clean audit and expanding margins signal improving fundamentals, though the share-swap-driven asset base expansion warrants close scrutiny of the new subsidiary's contribution going forward.