We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, 29th May, 2025, has, inter alia, considered and approved the audited standalone ....
Awaiting price reaction for this filing.
The Board of Trustwave Securities Ltd approved the audited standalone financial results for Q4 and FY ended 31 March 2025, with the auditor issuing an unmodified opinion. The company reported zero revenue from operations and essentially zero total income for the year (Rs 0.00 lakh vs Rs 0.04 lakh in FY24). Loss before tax more than doubled to Rs -17.09 lakhs from Rs -7.44 lakhs in the previous year, and EPS worsened to -0.26 from -0.11. Total equity is deeply negative at Rs -93.59 lakhs (with other equity at Rs -747.35 lakhs), while non-current borrowings more than doubled to Rs 162.27 lakhs from Rs 77.50 lakhs. Cash and cash equivalents stood at a negligible Rs 0.18 lakhs, and net cash from operating activities was negative at Rs -17.80 lakhs.
These results point to severe financial stress: no revenue, widening losses, negative shareholders' equity, and rising borrowings against almost no cash. Investors should treat this as a serious going-concern red flag for this small BSE-listed entity.