Sparc Electrex Ltd — Board Meeting, 30-05-2025: Board Meeting

Sparc Electrex Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported revenue from operations of Rs. 43.59 lakh for the quarter and Rs. 417.03 lakh for the year. However, expenses exceeded income, resulting in a net loss of Rs. 1.64 per share for the quarter and Rs. 1.52 per share for the year. The manufacturing segment showed a loss of Rs. 62.05 lakh for the quarter but a profit for the year, while the trading segment remained marginally profitable. The board also approved the forfeiture of 95,32,775 partly paid-up equity shares due to unpaid call money, impacting the company’s equity base. The auditors issued an unmodified opinion on the results. Cash flow from operating activities was negative at Rs. 289.40 lakh. Total assets stood at Rs. 21.95 crore, with capital employed at Rs. 17.11 crore.