Please find the attached Audited Financial Results for the Quarter and Year ended on 31.03.2025.
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Megh Mayur Infra Limited (formerly Transoceanic Properties) filed audited results for FY25. The company reported essentially nil revenue from operations across all periods, effectively running as a non-operating entity. Net loss widened to ₹20.58 lakhs in FY25 from ₹15.39 lakhs in FY24, with EPS of (₹0.33) vs (₹0.24) earlier. Other equity swung into negative territory at (₹18.99 lakhs) compared to ₹1.60 lakhs a year ago, indicating accumulated losses have wiped out reserves. The auditor issued an unmodified opinion but flagged an Emphasis of Matter regarding the company's investment in Padmini Technologies Limited, which is carried at cost instead of fair value as required by Ind AS 109, because management received no communication or annual reports from that investee. Operating cash flow remained negative at (₹18.83 lakhs), with the company funding itself through fresh borrowings of ₹21 lakhs during the year.
For shareholders, this is a near-dormant company with no operating revenue, widening losses, negative reserves, and recurring cash burn funded by debt. The Emphasis of Matter on the Padmini Technologies investment signals governance and disclosure gaps, and the stock is likely to remain illiquid and speculative.