Please find attached, outcome of Board Meeting
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The Board of Vaishno Cement Company Ltd approved its audited financial results for Q4 FY25 and the full year ended March 31, 2025. The company reported net sales of Rs. 18.00 lakhs for FY25, compared to nil in FY24, marking its first revenue. Total expenses stood at Rs. 12.69 lakhs, resulting in a profit before and after tax of Rs. 5.31 lakhs, a turnaround from a loss of Rs. 7.43 lakhs in FY24. EPS for the year was Rs. 0.06 vs Rs. (0.08) previously. Statutory auditors M/s Manish Mahavir & Co. issued an unmodified opinion on the results. The meeting was held on May 28, 2025 from 11:00 AM to 2:30 PM.
The swing from loss to profit is encouraging, but the company still carries negative other equity of Rs. (990.66) lakhs with total equity in the red at Rs. (95.64) lakhs, and long-term borrowings doubled to Rs. 183.41 lakhs. Small-cap investors should view the operational turnaround positively while remaining cautious about the leveraged, equity-deficient balance sheet.