Outcome of Board Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved audited standalone and consolidated financial results for Q4 and the full year ended 31 March 2025, along with the statement of assets and liabilities. The statutory auditors M/s. P. R. Agarwal & Awasthi issued an unmodified (clean) opinion on both sets of results. No dividend was declared for FY2024-25. The board also recommended appointing M/s. Parikh & Associates as the new Secretarial Auditor for a 5-year term covering FY26 through FY30, subject to shareholder approval. Standalone net profit for the year rose to about Rs. 353 lakh from Rs. 201 lakh in FY24 (roughly 76% growth), though consolidated net profit appears lower year-on-year. The merger of wholly-owned subsidiary Fujisan Technologies Ltd with the company became effective on 22 May 2025 (appointed date 1 April 2022), and its impact is reflected in these results.
Clean audit and steady standalone profit growth are positives, but the absence of any dividend may disappoint income-seeking shareholders. The persistent negative operating cash flow (around Rs. -217 lakh) signals that reported profits are not yet translating into cash generation, which investors should watch closely.