ALPHA TRIBE

Pressure Sensitive Systems India LtdResults, 30-05-2025: Result

30-05-2025 | 10:00 pm

Pressure Sensitive Systems (India) Limited has announced a board meeting on which it approved the audited financial results for the quarter and year ended March 31, 2025, along with the auditor’s report containing a modified opinion. The auditor’s qualifications highlight issues including lack of invoices and confirmations for trade receivables/payables, absence of audit trail in accounting software, delayed depreciation of fixed assets, reliance on management’s representation for inventory valuation, and unsupported rent and office expenses. These qualifications have persisted since the prior year, except for the last issue which is new. Despite these concerns, the company reported a net profit of ₹215.65 lakh with total assets of ₹2,120.97 lakh and net worth of ₹1,270.21 lakh. The auditors noted that the impact of these qualifications could not be quantified, emphasizing ongoing risks to financial accuracy and control.

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