The Board of Directors of the Company in their meeting held today, i.e., 30th May, 2025 have approved and taken on record audited financial results for quarter and year ended on 31st March, ....
Awaiting price reaction for this filing.
BLS Infotech's board, meeting on May 30, 2025, approved the audited financial results for Q4 and the full year ended March 31, 2025. For FY25, total revenue stood at Rs. 14.02 Lacs, almost flat versus last year, but income from operations dropped to zero from Rs. 8.77 Lacs in FY24. Q4 FY25 swung to a loss of Rs. 9.46 Lacs, compared to a Rs. 2.76 Lacs profit in Q4 FY24. Full-year profit after tax was Rs. 0.35 Lacs, marginally lower than Rs. 0.40 Lacs in FY24. The company continues to carry negative other equity of Rs. 303.25 Lacs, reflecting accumulated losses. The statutory auditor, Arun Jain & Associates, issued an unqualified opinion with no going concern flag. Two additional independent directors were appointed, and the AGM is scheduled for August 29, 2025.
The disappearance of operating income, a quarterly loss, negative retained earnings, and negative operating cash flow point to weak fundamentals; shareholders should view this as a small-cap with limited business activity and continued dependence on other income to stay marginally profitable.