ALPHA TRIBE

Megasoft LimitedBoard Meeting, 29-05-2025: Outcome of Board Meeting

29-05-2025 | 08:40 pm

Megasoft Limited has announced a board meeting on May 29, 2025, approving the audited financial results for the quarter and year ended March 31, 2025. Consolidated revenue hit Rs 12.66 Cr in Q4, but the company faced a loss before tax of Rs 3.44 Cr for the quarter and nearly Rs 30 Cr for the full year, mainly due to losses from its associate, Extrovis AG. On the bright side, standalone business reported a PBT of Rs 8.48 Cr for the year. The board also appointed M. Damodaran & Associates LLP as secretarial auditor for five years, signaling stronger governance focus. Operating cash flow stayed positive despite higher expenses and ongoing investments.

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