With reference to above subject the Board of Directors of the Company in its meeting held today at 17:30 P.M. at its registered office has duly considered, approved, and taken into records ....
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Awaiting price reaction for this filing.
The Board of Pagaria Energy Limited (formerly Women Networks Limited) met on May 30, 2025 and approved audited financial results for the quarter and year ended March 31, 2025. Total income stood at Rs. 18.38 lakhs versus Rs. 18.74 lakhs in FY24, with zero revenue from operations — all income is classified as 'other income'. Net profit rose to Rs. 6.15 lakhs from Rs. 4.35 lakhs, a roughly 41% jump, lifting EPS to Rs. 0.141 from Rs. 0.100. The statutory auditor (Manish Mahavir & Co) issued an unmodified (clean) opinion with no Key Audit Matters and flagged no going concern issues. However, cash flow from operating activities remained sharply negative at Rs. -18.02 lakhs, indicating the company is not generating cash from its core business.
Reported accounting profits are misleading — the company has no operating revenue and consistently burns cash, with all profits coming from non-operating items like interest. Investors should treat this as a low-quality earnings print despite the headline PAT growth.