THE BOARD OF DIRECTORS HAS ADOPTED THE BALANCE SHEET AND PROFIT & LOSS STATEMENT FOR PERIOD ENDED 31.03.2025
Awaiting price reaction for this filing.
Encash Entertainment Ltd's board approved the audited standalone financial results for FY25 on 30 May 2025. Revenue from operations collapsed to ₹4.58 lakhs from ₹17.31 lakhs in FY24, a drop of about 74%. The company posted a wider net loss of ₹38.73 lakhs versus ₹33.68 lakhs in the previous year, translating to a basic EPS of -₹0.99. Operating cash flow turned slightly positive at ₹0.74 lakhs, and the balance sheet remains debt-free with cash of ₹21.76 lakhs, though reserves dipped to ₹420.32 lakhs. The auditor (S L Prasad & Co) issued an unmodified opinion with no qualifications.
Sharp revenue decline and continued losses raise concerns about the company's business viability, though the debt-free balance sheet and positive operating cash flow provide some cushion. Negative for shareholder sentiment in the short term.