Outcome of the meeting of the Board of Directors held on Thursday, May 22, 2025
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 of Wherrelz IT Solutions approved audited financial results for the half-year and year ended March 31, 2025, on May 22, 2025. Statutory auditor B B Gussani & Associates issued an unmodified (clean) opinion on the results. Total income for FY25 stood at Rs 1,816.98 lakhs versus Rs 1,701.71 lakhs in FY24, indicating roughly 7% year-on-year growth. Profit after tax was Rs 25.97 lakhs with an EPS of Rs 6.67, compared to Rs 32.46 lakhs in FY24, a decline of about 20%. The company disclosed zero outstanding financial indebtedness and no defaults on any loans or debt securities. However, cash flow from operating activities for H2 FY25 was negative at Rs 1,024.40 lakhs, and cash balances have shrunk from Rs 106.12 lakhs to Rs 30.29 lakhs over three years.
A clean audit opinion and a completely debt-free balance sheet are reassuring. However, the ~20% drop in profit and persistent negative operating cash flow point to working capital stress that retail investors should keep an eye on.