With reference to the above-mentioned subject, please note that the Board of directors in their Board meeting held on 29.05.2025, has inter-alia transacted the following business: 1. ....
Awaiting price reaction for this filing.
The Board of Photon Capital Advisors met on 29.05.2025 and approved the audited standalone and consolidated financial results for the quarter and year ended 31.03.2025, along with the auditor's report. On a standalone basis, the company reported a total income of Rs 24.40 lakhs in FY25 (vs Rs 25.19 lakhs in FY24) and a net loss of Rs 50.64 lakhs (vs Rs 258.45 lakhs in FY24), with EPS of Rs (3.35). On a consolidated basis, the net loss stood at Rs 68.65 lakhs (vs Rs 198.04 lakhs in FY24) and EPS of Rs (4.54). The auditor (M. Anandam & Co.) issued an unqualified opinion with no qualifications or emphasis of matter. Operating cash flow turned positive at Rs 147.17 lakhs standalone and Rs 65.96 lakhs consolidated, compared to negative cash flows in the previous year.
Losses narrowed sharply compared to FY24, but the company remains in the red with declining top-line income, signalling continued operational weakness. Shareholders may see some relief from reduced losses and positive operating cash flow, though profitability is still absent and the stock is likely to remain under pressure.