AUDITED FINANCIAL RESULTS WITH AUDITOR''S REPORT FOR THE FINANCIAL YEAR ENDED AS ON 31.03.2025
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Veer Global Infraconstruction reported total income of Rs 1,181.50 lakhs for FY25, down from Rs 1,580.13 lakhs in FY24, with revenue from operations falling about 24.5% to Rs 1,162.95 lakhs. Despite the topline decline, profit before tax rose to Rs 180.81 lakhs (FY24: Rs 146.43 lakhs) and net profit improved to roughly Rs 166 lakhs vs Rs 106 lakhs earlier, helped by lower input costs. EPS climbed to Rs 1.12 from Rs 0.90. The results were audited by Bansilal Shah & Co (FRN 000384W) with an unmodified opinion, but the auditor flagged an emphasis of matter about not receiving external balance confirmations from creditors, debtors and advances. Total assets stood at Rs 7,939.15 lakhs and long-term borrowings rose sharply to Rs 1,682.22 lakhs from Rs 959.43 lakhs.
Sharp revenue drop alongside improving profitability is a mixed signal — margins have expanded but the business shrank. Rising debt and the auditor's flag on missing third-party confirmations warrant attention, though management remains a going concern with positive operating cash flow of Rs 537.51 lakhs.