The Board of Directors at its meeting held today, inter alia, considered and approved, the Standalone Audited Financial Results for the quarter and year ended 31st March, 2025 pursuant ....
Awaiting price reaction for this filing.
Jindal Leasefin's Board approved standalone audited results for Q4 FY25 and FY25 on May 27, 2025. The company reported a full-year net loss of Rs. 237.66 lakhs, sharply wider than Rs. 15.77 lakhs loss in FY24. Q4 FY25 loss stood at Rs. 124.42 lakhs versus Rs. 9.22 lakhs in Q4 FY24. EPS for the year was Rs. (7.90) versus Rs. (0.52) prior year. Total income turned negative at Rs. (293.10) lakhs for the year, compared to a marginal Rs. 0.73 lakhs earlier, driven by negative operating income. The auditor M/s ANSK & Associates issued an unmodified (clean) opinion, and the results were prepared under Ind AS. The company also flagged that prior year comparatives were reviewed by a predecessor audit firm, indicating a change of auditor.
The company has seen its losses deepen materially and other equity shrink from Rs. 525.86 lakhs to Rs. 336.15 lakhs, while borrowings surged from Rs. 46.19 lakhs to Rs. 531.98 lakhs to fund operations. Negative operating cash flow of Rs. 310.90 lakhs and continued losses may weigh on the stock and signal stress for shareholders.