Bhalchandram Clothing Limited — Results, 07-07-2025: Reply to Clarification- Financial results

Bhalchandram Clothing Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025.

Key financial highlights for FY 2024-25:

- Net sales stood at Rs. 25.35 lakh, up from Rs. 14.486 lakh compared to the previous year.

- Total expenses were Rs. 6.20 lakh, higher than the previous year’s Rs. 1.927 lakh.

- Profit before tax declined to Rs. 19.15 lakh from Rs. 125.69 lakh last year.

- Net profit after tax dropped substantially to Rs. 8.7 lakh from Rs. 125.89 lakh.

- Earnings per share (EPS) was Rs. 0.089 (annualised), down from Rs. 2.43.

Balance sheet summary (all figures in Rs. lakh):

- Shareholders’ funds increased to Rs. 307.01 lakh from Rs. 291.84 lakh.

- Long-term loans and advances amounted to Rs. 47.73 lakh, including an interest-free loan of Rs. 45.80 lakh to a related party.

- Current investments rose slightly to Rs. 248.24 lakh versus Rs. 238.07 lakh.

- Cash and cash equivalents improved to Rs. 2.08 lakh from Rs.1.66 lakh.

Cash flow update:

- Operating activities reported a minor cash outflow of Rs. 0.96 lakh compared to a cash inflow of Rs. 369.75 lakh last year.

- Investing activities generated a net inflow of Rs. 437.52 lakh versus an outflow of Rs. 246.02 lakh last year.

- Financing activities used Rs. 435.25 lakh, primarily repayments.

The company continues to operate solely in trading and investment activities. The statutory auditors have issued an unmodified opinion, confirming adequacy and operating effectiveness of internal financial controls. There were no director remunerations paid during the year, and the company has no fixed assets or inventories.

Overall, the company reported a marked decline in profitability despite revenue growth, primarily influenced by increased expenses and other operational factors. Cash flows from investing activities contributed positively, although operating cash flows were negative. The related party loan remains a significant asset on the books.