Gleam Fabmat Ltd — Results, 29-05-2025: Result

Gleam Fabmat Limited has announced a board meeting to approve the financial results for the quarter and half-year, along with the audited financial results for the full year ended March 2025. Revenue from operations increased sharply to Rs. 12.26 Cr in H2 FY25 from Rs. 0.65 Cr in the previous year, but the company reported a small net profit of Rs. 0.01 Cr for the year compared to Rs. 0.08 Cr last year. The company continues to face a significant outstanding bank loan of Rs. 2.06 Cr with Axis Bank, which has led to legal proceedings and restrictions on selling a mortgaged property linked to a director. Current liabilities notably increased due to higher trade payables and short-term borrowings. Cash flow remained stable with minimal change in cash balances. Operationally, the company has shifted focus to trading precious and non-precious stones and metals in Gujarat, following GST registration there.