We submit herewith financial results for the year ended 31st March, 2025 along with Balance sheet, cashflow, auditors report and declaration.
Awaiting price reaction for this filing.
Integra Switchgear reported audited results for FY25 with total income of ₹12.89 lakhs, up sharply from ₹5.19 lakhs in FY24 (a jump of around 148%), though the absolute scale remains extremely small. The company swung to a marginal profit of ₹1.51 lakhs at the operating level versus a loss of ₹14.92 lakhs last year, helped by lower total expenses of ₹11.39 lakhs (vs ₹20.11 lakhs). However, an exceptional/prior period expense of ₹6.65 lakhs in FY25 weighed on the bottom line, and other equity remains negative at ₹(107.79) lakhs, reflecting accumulated losses. The balance sheet shows no borrowings, cash and equivalents of about ₹160.90 lakhs, and equity share capital of ₹303.45 lakhs. The auditor (D.C. Parikh & Co.) issued an unmodified opinion, and the company disclosed that its planned acquisition of Bimal Switchgears Private Limited (announced in January 2025) remains pending due to contractual obligations.
For shareholders, the headline shift from loss to profit looks positive but the business remains a micro-scale shell with negligible revenue and deeply negative reserves, so fundamentals are weak. The stock may see speculative interest around the delayed Bimal Switchgears acquisition, but until the acquisition closes and meaningful operations begin, earnings power is essentially non-existent.