LEEL Electricals Limited — Results, 07-07-2025: Reply to Clarification- Financial results

Leel Electricals Limited has announced a board meeting to consider the financial results for the quarter and half-year.

For the year ended March 31, 2025, the company reported total income of Rs. 717.7 lakhs, up from Rs. 77.5 lakhs for the previous period. However, expenses remained high at Rs. 864.6 lakhs, resulting in a loss before tax of Rs. 868.6 lakhs compared to a break-even position in the prior period.

The company posted a net loss of Rs. 868.6 lakhs for the year. Earnings per share stood at a negative Rs. 70.44 on a face value of Rs. 10 each.

On the balance sheet, total assets amounted to Rs. 946 lakhs, primarily consisting of current assets of Rs. 926 lakhs and non-current assets of Rs. 20.86 lakhs. Equity and liabilities also stood at Rs. 946 lakhs. The company has a paid-up equity share capital of Rs. 1.25 lakhs.

Cash flow from operations was positive at Rs. 478.62 lakhs, driven by working capital changes despite the net loss. Investing activities used Rs. 464.69 lakhs primarily for capital work-in-progress, while there were no cash flows from financing activities. The net increase in cash and cash equivalents was Rs. 13.93 lakhs.

The audit report notes that the company is undergoing liquidation proceedings and a change in management following its sale as a going concern. The acquirer is in the takeover process, and the financial results may be subject to adjustments due to pending information. Previous period comparative data was unavailable.

Overall, Leel Electricals is in restructuring, reporting a significant loss with positive cash flows from operations mainly reflecting working capital movement rather than operational profitability.