Results for the year ended 31.03.2024
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Unipro Technologies reported zero revenue from operations for FY24, same as FY23. The company swung to a loss of ₹259.27 lakhs for FY24, sharply worse than the ₹11.63 lakh loss in FY23. The bulk of the damage came from a ₹179.78 lakh impairment of non-current assets buried under 'Other Expenses', which jumped to ₹256.61 lakhs. Total equity turned negative at ₹(54.19) lakhs as of March 2024, down from a positive ₹205.07 lakhs a year earlier, while borrowings stood at ₹88.40 lakhs. Cash from operations was barely positive at ₹0.32 lakhs. The statutory auditor (V Ravi & Co.) issued an unmodified opinion, and the company noted it was reinstated on BSE after an SAT order following a prior delisting.
Negative equity, no operating revenue, and a large impairment make this a deeply distressed set of results. Shareholders face continued uncertainty around the company's viability and the ongoing BSE listing reinstatement process, which could weigh on any recovery in the stock.