The Board of Directors of the Company at its meeting held today i.e 27th May, 2025 has considered and approved the Audited Financial Results of the Company for the quarter and year ended ....
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The Board of Valley Magnesite Company Ltd met on 27th May 2025 and approved the audited financial results for the quarter and full year ended 31st March 2025. The statutory auditor M/s A.K. Meharia & Associates issued an unmodified (clean) opinion on the results. The company also filed the audited Statement of Assets and Liabilities and the Cash Flow Statement. Total equity stood at approximately ₹976.83 lakh as on 31st March 2025, up from ₹611.53 lakh a year earlier, indicating a meaningful book-value expansion. Earnings per share for the full year came in around ₹0.80–0.85, reflecting very thin per-share profitability. Paid-up equity share capital remained at ₹108 lakh (face value ₹10).
A clean audit opinion supports the credibility of the numbers, but the very small EPS points to limited profit generation per share for investors. The sharp rise in net worth is a positive on the balance-sheet side, though shareholders should watch for whether this translates into sustained earnings growth in coming periods.