Please find attached Outcome of Board Meeting.
Price
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Awaiting price reaction for this filing.
Veer Energy & Infrastructure reported revenue from operations of ₹1,032.24 lakhs for FY25, up about 19.8% from ₹861.97 lakhs in FY24. However, net profit fell sharply to ₹18.44 lakhs from ₹32.94 lakhs, a drop of roughly 44%, as expenses grew faster than revenue. Q4 FY25 was particularly weak with a net loss of ₹56.56 lakhs against a profit of ₹19.91 lakhs in Q4 FY24. The Board did not recommend any dividend citing the need to conserve resources. The auditor (Jayesh R. Shah & Co.) issued an unmodified opinion on the results.
Mixed signal for shareholders — topline growth was decent, but the steep fall in profitability, weak Q4 loss, and sharply negative operating cash flow (-₹458.52 lakhs) point to pressure on margins and cash generation, which may weigh on near-term sentiment despite the clean audit report.