Outcome of the Board Meeting held on 12th May 2025 for approval of Audited Financial Results for the Quarter and Year ended on 31st March 2025 , Re-apointment of Secretarial and Internal ....
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The board approved audited financial results for the quarter and year ended 31st March 2025. Full-year revenue from operations fell to ₹5,142.25 lakhs from ₹5,856.31 lakhs in FY24, a drop of about 12%. Net profit declined to ₹26.92 lakhs from ₹42.12 lakhs, while EPS fell to ₹0.41 from ₹0.65. Total equity improved slightly to ₹1,042.50 lakhs and cash balances nearly doubled to ₹178.67 lakhs. The board also re-appointed M/s. Jaspreet Dhawan & Associates as Secretarial Auditor and M/s. Anu & Associates as Internal Auditor for FY25-26. The statutory auditor issued an unmodified (clean) opinion, with an emphasis-of-matter note flagging that some trade receivables, payables and advances are still pending confirmation or reconciliation.
Weak annual performance with revenue and profit declining year-on-year may pressure the stock, though improving cash position and reduced borrowings provide some comfort. The clean audit opinion and routine auditor re-appointments signal continuity, but the pending balance confirmations noted by auditors are a minor governance flag for shareholders to watch.