With reference to the above subject, we would like to inform that the Board of Directors of the Company at their meeting held on 30th May, 2025 have inter alia considered and approved the ....
Awaiting price reaction for this filing.
CES Limited's Board, at its meeting on May 30, 2025, approved the audited standalone and consolidated financial results for Q4 FY25 and full year ended March 31, 2025. On a standalone basis, revenue grew about 23.5% to Rs 28,076.59 lakhs (vs Rs 22,730.16 lakhs), with profit after tax rising nearly 25% to Rs 938.78 lakhs (vs Rs 753.15 lakhs); EPS stood at Rs 2.58 (vs Rs 2.07). On a consolidated basis, revenue rose ~11.4% to Rs 52,212.11 lakhs and PAT grew ~11.5% to Rs 2,952.16 lakhs, with EPS of Rs 8.11. The IT Services segment showed the strongest growth on standalone basis, and ~97% of standalone revenue continues to come from the USA. Statutory auditors N G Rao & Associates issued an unmodified (clean) opinion on both standalone and consolidated results. However, consolidated operating cash flow turned sharply negative at Rs (6,623.49) lakhs (vs Rs 1,250.85 lakhs last year), largely due to trade receivables more than doubling from Rs 8,940.76 lakhs to Rs 19,377.95 lakhs.
Strong top-line and earnings growth with a clean audit opinion is positive for shareholders, but the steep rise in trade receivables and the swing into negative consolidated operating cash flow are yellow flags that warrant a watch on working capital and collections. Standalone borrowings are nil and the company is debt-free at the parent level, which is a comfort.