Automobile Products of India Ltd — Results, 28-05-2025: Result

Automobile Products of India Limited has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025. The company reported total income of Rs 17.00 lakh and a net loss after tax of Rs 189.95 lakh for the year. Operating expenses, especially finance costs, increased significantly to Rs 150.09 lakh. The auditor issued an unmodified opinion but highlighted the company’s going concern status, supported by financial backing from the holding company. The net-worth erosion continues with reserves at negative Rs 1,439.49 lakh. Outstanding qualified borrowings rose to Rs 15.04 Cr at year-end. Cash flow remains challenged, though slight improvements in cash balances were seen.