IMP Powers Limited — Results, 30-05-2025: Integrated Filing- Financial

IMP Powers Ltd has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025.

**Revenue Performance:**

Consolidated total income stood at Rs. 13.26 Cr, showing no year-on-year growth amid operational challenges. The business centers on power transformers, parts, and hydro projects within a single segment.

**Profitability and EPS:**

The group reported a consolidated net loss of Rs. 4.23 Cr with an EPS of Rs. (4.89). Standalone net loss was Rs. 2.12 Cr with EPS of Rs. (2.41). Margins remain under severe pressure due to declining volumes and financial strain.

**Operational Costs:**

Expenses outpaced revenues driven by employee costs, depreciation (~Rs. 5.7 Cr), and provisions for doubtful debts. High finance costs hint at ongoing debt-servicing difficulties. Operational efficiency gains are minimal amid liquidation status.

**Key Metrics:**

EBITDA remains deep in the red. Impairments were not factored in despite operational downsizing and cash flow constraints. Rs. 1.4 Cr in invoked bank guarantees affected results.

**Balance Sheet / Cash Flow Health:**

Total assets are Rs. 200 Cr vs liabilities of Rs. 471 Cr, resulting in a negative net worth of Rs. 270 Cr, signaling severe financial distress. A positive operating cash flow of Rs. 1.5 Cr was aided by Rs. 78 Cr proceeds from a going concern sale under insolvency, supporting near-term liquidity.

**Management Commentary / Strategic Outlook:**

Liquidation sale and takeover by new management are complete, awaiting final distribution order. Despite losses, the going concern status is maintained due to sale proceeds and restructuring efforts.

**Final Takeaway:**

IMP Powers remains under significant financial and operational stress. While the sale as a going concern offers short-term relief, risks persist with no clear path to profitability. Retail investors should remain cautious given ongoing uncertainties and weak momentum.