California Software Company Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

California Software Company's board has approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue of Rs. 1.55 Cr and a profit of Rs. 0.19 Cr.

However, auditors noted significant concerns, including large outstanding trade receivables (Rs. 19.77 Cr) without sufficient provision for potential losses. They also highlighted issues with unconfirmed trade payables, unreconciled tax balances, and unverified fixed asset records. Investors should note these audit observations when reviewing the results.