BSEL Algo Ltd — Board Meeting, 29-05-2025: Board Meeting

BSEL Algo Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a loss before tax of Rs. 693.33 lakh (standalone) and Rs. 693.53 lakh (consolidated) for the quarter ended March 31, 2025, compared to a profit before tax of Rs. 871.81 lakh and Rs. 871.66 lakh respectively in the corresponding quarter last year. Profit after tax stood at Rs. (653.11) lakh (standalone) and Rs. (653.31) lakh (consolidated). Revenue from operations declined to negative Rs. 732.08 lakh (standalone and consolidated). The company’s main income source is now algo trading gains and API sales, which are classified under other income as per the updated accounting policy. The statutory auditors issued an unmodified opinion and confirmed effective internal financial controls. No investor complaints were pending during the quarter.