The Board of Directors at its meeting held approved the financial results for the quarter and year ended 31st March 2025 alongwith the Statement of assets and liabilities, Cash flow statement ....

Venlon Enterprises reported FY25 audited results with total revenue of Rs 1,195.75 lakhs, up about 29% from Rs 925.04 lakhs in FY24, largely from a restarted trading business after the company shut down its film, chemical and wind-power manufacturing operations. However, the net loss ballooned to Rs 1,317.97 lakhs from just Rs 128.47 lakhs a year ago, mostly due to a one-time asset impairment of Rs 1,076.21 lakhs and a Rs 108 lakh provision for disputed property tax. The auditor issued an unmodified opinion but specifically flagged a going concern emphasis of matter, noting that net worth has been fully erased and current liabilities exceed current assets. To stabilise the balance sheet, the company reclassified a long-standing USD 13.85 million interest-free loan from a 29% shareholder as Other Equity, which flipped total equity from negative Rs 8,067 lakhs to positive Rs 749 lakhs. Operating cash flow was deeply negative at Rs (456.18) lakhs, meaning the business is still burning cash.