The board of directors of Web Element Solutions Limited held on 23rd may 2025 at Registered office of the company.
Awaiting price reaction for this filing.
Web Element Solutions Limited's board approved audited standalone financial results for the half-year and full year ended 31 March 2025 at a meeting held on 23 May 2025. Full year FY25 revenue stood at ₹229.18 lakhs versus ₹230.56 lakhs in FY24, showing a marginal decline of about 0.6%. Net profit after tax for FY25 was ₹31.38 lakhs, essentially flat compared to ₹31.28 lakhs in FY24, with basic EPS at ₹0.463 versus ₹0.462. The second half of FY25 saw PAT grow approximately 27% to ₹6.96 lakhs from ₹5.49 lakhs in H2 FY24. Statutory auditor SDG & Co issued an unmodified (clean) opinion on the results with no qualifications or adverse remarks. The board also appointed M/s Patel Parth & Associates as internal auditor and CS Hansa Gaggar as secretarial auditor for FY26.
The clean unmodified audit opinion is reassuring, but the flat full-year top line and bottom line point to a stagnant business with no meaningful growth. The significantly negative operating cash flow shown in the cash flow statement is a key concern, indicating that core operations are consuming cash rather than generating it.