Cressanda Railway Solutions Ltd — Results, 12-08-2025: Result

Cressanda Railway Solutions' board approved its audited financial results for the quarter and year ended March 31, 2025. The company reported consolidated revenue of Rs 36.96 Cr and a net profit of Rs 0.54 Cr. Notably, the auditors issued a qualified opinion, citing a lack of proper documentation for substantial loans exceeding Rs 80 Cr, and concerns regarding the utilization of Right Issue proceeds not aligning with the original offer. Other issues included outstanding statutory dues, an ongoing SEBI investigation with unascertainable impact, and adjustments for Work-in-Progress. The board also appointed new secretarial auditors, subject to shareholder approval.