Longspur International Ventures Ltd — Results, 24-05-2025: Result

Longspur International Ventures Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The audited financials showed a rise in revenue from operations to Rs. 939.89 lakh for the year, up from Rs. 468.34 lakh the previous year, with a profit before tax of Rs. 63.27 lakh. Profit after tax stood at Rs. 45.31 lakh, showing improvement from the prior year. The company reported total assets of Rs. 3511.92 lakh and shareholder funds of Rs. 2959.39 lakh. The auditor issued an unqualified opinion, confirming adequate internal financial controls, though highlighted the absence of an audit trail feature in the accounting software. Loans granted by the company were repaid regularly without any overdue. The company faces ongoing GST-related litigations but has appropriately accounted for them. Cash flow from operations remained negative, impacted by working capital changes, while financing activities supported liquidity. No dividend was declared during the year. Management confirmed no funds were advanced or received with conditions tied to intermediaries or ultimate beneficiaries.