1. The Audited Standalone Financial Results set out in compliance with Accounting Standards (AS) for the Half Year and Year ended March 31, 2025 together with Statement of Assets & Liabilities ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board of Times Green Energy (India) Ltd, at its meeting on May 23, 2025, approved the audited standalone financial results for the half year and full year ended March 31, 2025. Total revenue from operations grew about 22.5% year-on-year to ₹4,009.74 lakhs (FY24: ₹3,273.65 lakhs), but net profit declined to ₹37.44 lakhs from ₹47.30 lakhs in FY24, indicating margin pressure despite higher topline. The statutory auditor (VASG & Associates) issued an unmodified opinion on the results with no key audit matters. The Board also appointed M/s. JNG & Co. LLP as Secretarial Auditor and M/s. T R A K & Associates as Internal Auditor, both for FY 2025-26 and 2026-27. The auditor's CARO report flagged that statutory dues such as TCS, TDS and Income Tax were not regularly deposited, with serious delays across a large number of cases, including TDS and TCS outstanding for multiple years.
Revenue growth is a positive signal, but the simultaneous drop in net profit and the auditor's flag on delayed statutory dues suggest cost pressures and compliance weaknesses that shareholders should monitor. The auditor appointments are routine governance items and should not affect the stock materially.