Orchasp Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Orchasp Limited has announced a board meeting on approving its audited consolidated financial results for the quarter and year ended March 2025. Revenue jumped to Rs. 2108.27 lakhs from Rs. 1324.53 lakhs last year, but the company posted a net loss of Rs. 1052.35 lakhs, mainly due to significant foreign exchange losses tied to 1% unsecured FCCBs. Rising employee and other expenses reflect operational expansion amid forex challenges. The company plans to transfer its Portugal subsidiary investment and address audit concerns. Cash flow was strained by losses but supported by a fresh equity infusion of Rs. 1450.87 lakhs.