Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in their meeting ....
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Veerkrupa Jewellers' board met on May 30, 2025 and approved the audited standalone financial results for the half-year and full year ended March 31, 2025. Revenue from operations more than doubled to Rs 2,925.69 lakhs in FY25 from Rs 1,385.19 lakhs in FY24, a growth of over 110%. However, profit after tax declined to Rs 17.88 lakhs from Rs 22.44 lakhs in the previous year, indicating margin pressure. The statutory auditor, AKGVG & Associates, issued an unmodified (clean) opinion on the financial statements. Notably, operating cash flow turned sharply negative at Rs -688.54 lakhs compared to Rs 0.84 lakhs last year, driven by a big jump in inventory and receivables. The company also raised fresh capital (share capital rose from Rs 786.32 lakhs to Rs 1,310.53 lakhs) and saw short-term borrowings balloon from Rs 191.69 lakhs to Rs 886.77 lakhs to fund working capital needs.
Strong top-line growth is positive, but falling profits, negative operating cash flow, and a sharp rise in debt signal stress on working capital and margins. Shareholders should watch whether the revenue momentum translates into better profitability and cash generation going forward.