City Online Services Ltd — Results, 29-05-2025: Result

City Online Services Limited has announced a board meeting outcome approving the audited financial results for the quarter and financial year ended March 31, 2025. Revenue stood at Rs 750.81 lakh for the year, with a profit of Rs 3.51 lakh. The company reported a negative net worth of Rs 7.51 lakh but expects promoter support to maintain operations. Audit highlighted discrepancies in GST revenue reporting (understated by Rs 94.77 lakh), unverified input tax credit claims of Rs 5.72 lakh, and unbilled revenue of Rs 17.86 lakh. Trade receivables and payables require confirmation and reconciliation. M/s. D. Rambabu & Co appointed as internal auditors for FY 2025-26.