With reference to the above, we wish to inform the Exchanges that the Board of Directors of the Company at their meeting held today i.e Thursday, 29th May, 2025 has transacted and approved ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved standalone audited financial results for Q4 and FY ended 31st March 2025. Revenue from operations jumped sharply to Rs. 9,277.90 lakhs in FY25 from Rs. 1,671.14 lakhs in FY24, while Q4 FY25 revenue rose to Rs. 3,914.08 lakhs from Rs. 271.99 lakhs a year earlier. Despite the revenue surge, the company reported a full-year loss of Rs. 1,368.64 lakhs, though the loss narrowed materially from Rs. 3,304.51 lakhs in FY24. Q4 FY25 turned profitable at Rs. 67.74 lakhs versus a loss of Rs. 1,118.26 lakhs in Q4 FY24. Statutory auditor M/s. Mahesh Udhwani & Associates issued an unmodified opinion. The board also appointed M/s. Upadhyay & Company LLP as internal auditors and M/s. Jatin Mangroliya & Associates as cost auditors for FY25-26.
Strong revenue growth and a return to profit at the quarterly level are positive signals, but the full-year loss and negative operating cash flow of Rs. 1,783.14 lakhs remain concerns for shareholders. The clean audit opinion and new auditor appointments are routine governance updates.