Ramasigns Industries Ltd — Results, 12-06-2025: Result

Ramasigns Industries Limited has announced a board meeting approving the audited financial results for the quarter and year ended March 31, 2025, along with the appointment of M/s Pooja Gandhi & Co as Secretarial Auditor, replacing M/s SG & Associates. The company reported a net loss of ₹375.94 lakh and total income of ₹2,508.06 lakh. The audit carried a qualified opinion citing inability to independently verify debtors and creditors due to unresponsiveness and unorganized sector clients, sealed inventory at a godown linked to an external investigation, and lack of physical verification and proper fixed asset records. The company’s internal controls have deficiencies, especially in inventory management and statutory dues monitoring. Statutory dues including GST, ESIC, PF, and Income Tax remain unpaid. Despite losses, debt repayment is current except for delayed debenture payments. The management attributes audit issues to external constraints and uncooperative parties.