Submission of Revised Financial Results for the quarter and year ending on 31st March 2025 due to a clerical error.
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Zodiac Ventures has resubmitted its audited standalone and consolidated financial results for Q4 and FY25 after correcting a clerical error in the consolidated balance sheet. The investment amount was wrongly reported as ₹2,316.42 lakhs instead of ₹2,110.37 lakhs, and Other Equity as ₹1,274.80 lakhs instead of ₹1,068.74 lakhs for 31 March 2024. Standalone revenue for FY25 rose to ₹160.26 lakhs from ₹59.14 lakhs, with profit after tax of ₹96.13 lakhs versus ₹38.78 lakhs. Consolidated PAT was ₹101.29 lakhs vs ₹51.60 lakhs. The statutory auditor (Pravin Chandak & Associates) issued an unmodified opinion but drew attention to pending litigation and recoverability of advances at an associate company, Zodiac Developers Pvt Ltd.
The restatement fixes only prior-period comparative numbers and does not change FY25 results, so it is largely cosmetic. The strong revenue and profit growth on a low base is positive, but the company remains small with high borrowings (~₹2,747 lakhs) relative to equity (~₹1,447 lakhs) and ongoing legal uncertainties at its associate, keeping stock-specific risk elevated.