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Skyline Ventures India LtdBoard Meeting, 26-05-2025: Board Meeting

26-05-2025 | 04:29 pm

Skyline Ventures India Limited has announced a board meeting on which it approved the audited financial results and statements for the quarter and financial year ended March 31, 2025. The statutory auditors issued an unmodified opinion on these results. The company reported no revenue from operations, with total expenses at Rs 37.91 lakhs for the year, leading to a loss before tax of Rs 37.91 lakhs and a net loss of Rs 38.07 lakhs. Total equity stood at Rs 361.21 lakhs, down from Rs 399.27 lakhs the previous year, with borrowings increasing slightly to Rs 115.94 lakhs. Cash flow from operations remained negative at Rs 6.89 lakhs. The results reflect ongoing losses and moderate balance sheet stability.

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