Outcome of the Board Meeting held on 27th May, 2025
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Yug Decor Limited's board met on 27th May 2025 and approved audited financial results for FY25 (year ended 31st March 2025). Revenue from operations grew to Rs. 3,319.71 lakh from Rs. 2,806.33 lakh, an increase of about 18%. However, net profit collapsed sharply to just Rs. 6.71 lakh compared to Rs. 129.90 lakh in the previous year, a roughly 95% drop. The company entered a new Plywood Boards segment from June 2024, which generated Rs. 1,574.53 lakh in revenue but posted a segment loss of Rs. 191.52 lakh, dragging overall profitability. The statutory auditor (P.D. Goinka & Co.) issued an unmodified (clean) opinion on the results. The board also re-appointed the internal auditor for FY26 and appointed a new secretarial auditor for a five-year term (2025-26 to 2029-30), subject to shareholder approval.
Despite decent revenue growth driven by the new plywood segment, severe profit compression is a red flag — EBITDA margin shrank from about 10% to under 4%, and PAT nearly vanished. Shareholders should monitor whether the loss-making plywood business improves and whether margins recover in FY26, as the current trajectory is a concern for earnings quality.