The Board approved AFR for the quarter/ year ended 31/03/2025
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Oscar Global Limited's board approved the audited financial results for the quarter and full year ended March 31, 2025 on May 24, 2025. The company reported zero revenue from operations across all periods. Other income for FY25 was Rs 15.51 lakhs, down from Rs 22.55 lakhs in FY24. Total expenses increased to Rs 36.57 lakhs from Rs 29.71 lakhs. Net loss widened sharply to Rs 21.06 lakhs for FY25 compared to Rs 7.45 lakhs in FY24, with a loss per share of Rs 0.64. The statutory auditor D.V. Mittal & Co. issued an unqualified opinion with no qualifications or modifications.
With no operating revenue, mounting losses, and negative other equity of Rs 30.98 lakhs, the company's financial health is weakening. Persistent negative operating cash flow signals ongoing dependence on existing reserves, which is a concern for shareholders.