Mumbai | January 30, 2025
Shamrock Industrial Company Ltd. has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2024, following the board meeting held on January 30, 2025.
Key Financial Highlights (Standalone)
(Rs. in lakhs, except EPS)| Particulars | Q3 FY25 (31-Dec-24) | Q2 FY25 (30-Sep-24) | Q3 FY24 (31-Dec-23) | 9M FY25 (31-Dec-24) | 9M FY24 (31-Dec-23) | FY24 (31-Mar-24) |
|---|
| Revenue from Operations | - | - | 11.18 | - | 11.18 | 11.18 |
| Other Income | - | - | - | - | - | - |
| Total Income | - | - | 11.18 | - | 11.18 | 11.18 |
| Employee Benefits Expense | 0.45 | 0.45 | 0.45 | 1.35 | 1.35 | 1.80 |
| Other Operating Expenses | 1.87 | 1.79 | 4.54 | 8.72 | 12.04 | 13.43 |
| Total Expenses | 2.32 | 2.24 | 4.99 | 10.07 | 13.39 | 15.23 |
| Profit Before Tax (PBT) | (2.32) | (2.24) | (4.99) | (10.07) | (2.21) | (4.06) |
| Net Profit / (Loss) | (2.32) | (2.24) | (4.99) | (10.07) | (2.21) | (4.06) |
| EPS (Basic & Diluted) | (0.04) | (0.04) | (0.09) | (0.19) | (0.04) | (0.07) |
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Corporate Developments
- Board Appointments:
- Ms. Khushboo Gulati has been appointed as Company Secretary and Compliance Officer, effective January 30, 2025.
- Madhuri J. Bohra & Associates has been appointed as the Secretarial Auditor for FY 2024-25.
- Regulatory Compliance:
- The company confirmed adherence to regulatory obligations for the quarter ended December 31, 2024.
- No investor complaints were received or pending during the reporting period.
Auditor's Review
The Limited Review Report, conducted by an independent auditor, stated that the financial statements comply with accounting standards and applicable regulations. The auditors reported no material misstatements.
Strategic Outlook
The company faces zero revenue generation in the current quarter and nine-month period, in contrast to the previous year. With continued cost pressures, particularly from employee and operational expenses, the firm remains in loss-making territory. Investors will be looking for business revival strategies in the coming quarters.
Stock Market Reaction
With losses persisting and no revenue reported, investor sentiment may remain subdued. However, the appointment of a new Company Secretary and Compliance Officer signals a focus on governance.