The Board approved Audited financial results for the quarter/year ended 31/03/2025
Awaiting price reaction for this filing.
Oscar Global Ltd reported audited results for FY25 with zero revenue from operations for the full year — the company essentially had no business activity, with only Rs 15.51 lakh of other income (down from Rs 22.55 lakh last year). Total expenses rose to Rs 36.57 lakh from Rs 29.71 lakh, driven mainly by higher 'other expenses.' As a result, the net loss widened to Rs 21.06 lakh in FY25 from Rs 7.45 lakh in FY24, with Q4 alone posting a Rs 7.26 lakh loss versus Rs 4.09 lakh last year. The balance sheet shows negative other equity of Rs (30.98) lakh versus Rs (9.92) lakh earlier, and total assets slipped to Rs 315.76 lakh. Cash flow from operations remained deeply negative at Rs (36.21) lakh, though closing cash stood at Rs 86.53 lakh. The statutory auditor issued a clean, unqualified opinion with no modifications.
For shareholders, this is a weak set of numbers — losses nearly tripled, equity is now in the negative zone, and there is no operating revenue or positive cash flow. The clean audit opinion avoids an immediate red flag, but the absence of any core business activity and continued cash burn make this a high-risk, closely-watched situation for the stock.