OUTCOME OF BOARD MEETING FOR AUDITED FINANCIALS FOR QUARTER ENDED 31-03-2025 AND YEAR ENDED 31-03-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Tomorrow Technologies Global Innovations Ltd (formerly CNI Research Ltd) approved the audited standalone and consolidated financial results for the quarter and full year ended March 31, 2025. The auditor, Gupta Raj & Co., Chartered Accountants, issued an unqualified (clean) opinion on both sets of results, stating they give a true and fair view. On a consolidated basis, the results reflect a net loss, including the Group's share of a net loss of Rs 94.75 Lakhs from its associate, Teknopoint Mercantile Company Pvt Ltd, for both Q4 and FY25. The Q4 standalone figure is the balancing figure derived from audited full-year numbers and previously limited-reviewed nine-month figures.
The clean audit opinion provides comfort on the reliability of the financials. However, the consolidated net loss, driven largely by the associate company's Rs 94.75 Lakh loss contribution, signals weak group-level profitability, which may concern shareholders despite a clean standalone position.