ALPHA TRIBE

Vdeal System LimitedBoard Meeting, 29-05-2025: Outcome of Board Meeting

29-05-2025 | 06:13 pm

Vdeal System Limited has announced a board meeting outcome approving audited consolidated financial results for the year ended March 2025. Total income jumped to Rs 24.37 Cr, with net profit rising sharply to Rs 2.74 Cr, signaling a strong turnaround. Operational performance and cash flows improved, backed by efficient working capital management. The company has fully utilized IPO proceeds of Rs 18.08 Cr for working capital, loan repayments, corporate expenses, and offer costs. The clean audit with an unmodified opinion underscores robust financial health and governance.

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