Padmanabh Industries Ltd — Board Meeting, 22-05-2025: Board Meeting

Padmanabh Industries Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. The company reported total income of Rs. 246.78 lakhs for the quarter, with a net profit of Rs. 6.97 lakhs, improving from a loss in the previous year. For the full year, revenue was Rs. 311.30 lakhs, delivering a net profit of Rs. 1.46 lakhs compared to a prior loss. There are uncertainties around GST compliance due to an inactive GST number and no returns filed; however, the auditors issued an unmodified opinion. Intangible asset valuation carries some uncertainty. The company’s net cash from operations was negative at Rs. 283.07 lakhs but was funded by borrowings of Rs. 289.83 lakhs, resulting in a positive closing cash balance.