Orchasp Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Orchasp Limited has announced a board meeting on approving audited consolidated financial results for the quarter and year ended March 31, 2025. Revenue jumped to INR 21.08 Cr from INR 13.25 Cr last year, but the company posted a net loss of INR 10.52 Cr, hurt mainly by foreign exchange losses tied to unsecured FCCBs. Employee costs nearly doubled to INR 17.91 Cr. The INR 68.25 Cr investment in its inactive Portuguese subsidiary faces uncertainty amid regulatory issues, with plans to shift this to another entity. Trade receivables and payables remain stressed over six months. Operating cash flow was negative at INR 15.58 Cr, previously aided by share capital inflows.