The Board of Directors of Seshachal Technologies Limited held on Wednesday the 28th day of May, 2025 started at 03.00 p.m. and concluded at 04.00 p.m. at the registered office of the company ....
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The Board of Directors of Seshachal Technologies Ltd approved the audited financial results for the quarter and year ended 31 March 2025 at its meeting held on 28 May 2025. Statutory auditor Sharad Chandra Toshniwal & Co. issued an unmodified (clean) opinion on the results, with no going-concern or material misstatement issues flagged. Full-year revenue from operations dropped sharply from Rs. 7,733.25 lakhs in FY24 to Rs. 674.02 lakhs in FY25, a decline of roughly 91% year-on-year. Profit after tax fell from Rs. 32.87 lakhs to Rs. 19.00 lakhs, while EPS declined from Rs. 4.73 to Rs. 2.74. Q4 FY25 alone posted a loss of Rs. 8.91 lakhs versus a Rs. 2.73 lakh loss in Q4 FY24. The Board also appointed the Secretarial Auditor for FY 2025-26 and confirmed the company is exempt from related-party transaction disclosures under SEBI rules owing to its small size (paid-up capital Rs. 69.44 lakhs, net worth Rs. 158.81 lakhs).
The steep revenue collapse is a red flag, even though profitability remains positive on a full-year basis and the auditor gave a clean opinion. Q4 turning to a loss and the company taking on short-term borrowings (Rs. 62.31 lakhs vs nil earlier) suggest stress. Shareholders should watch for clarity on why revenue shrank so drastically and monitor upcoming quarters for recovery signs.