The Board of Directors have inter-alia approved the following at their Board Meeting held on 30th May 2025: 1. Audited Financial Results for the quarter / year ended March 31, 2025 2. ....
Awaiting price reaction for this filing.
The Board of Directors of Bharati Defence and Infrastructure Ltd approved the audited financial results for the quarter and year ended March 31, 2025 on May 30, 2025. The company reported a Profit After Tax of Rs. 1,428.58 lacs for FY25, a sharp turnaround from a massive loss of Rs. (2,52,210.25) lacs in FY24, which included a huge exceptional item of Rs. 2,47,483.42 lacs. Basic EPS stood at Rs. 0.28 for FY25. The company was under liquidation during FY24 with new management taking over on June 12, 2024. The auditor issued a modified/qualified opinion due to inability to verify transactions for the April-June 2024 period when books of accounts were unavailable. Cash flow from operations turned positive at Rs. 1,711.43 lacs, and capital restructuring including share capital reduction is currently in progress.
For shareholders, this marks a fresh-start phase for the company — turning profitable under new management after emerging from liquidation. However, the auditor's qualified opinion, ongoing capital restructuring, and limited comparability with prior years indicate that operational and governance risks remain. Investors should watch how the new management sustains operations and completes the capital restructuring.