Sofcom Systems Ltd
Sofcom Systems Q1 FY25 Results: Key Updates & Auditor Resignation 📊
- Unaudited financial results approved for Q1 FY25 (June 30, 2025)
- Standalone & Consolidated results identical: Total Income ₹2.47L, Net Loss ₹2.72L
- EPS (Basic & Diluted) at -₹0.01 for both Standalone & Consolidated
- Statutory Auditors M/s S.D. Mehta & Co. resign effective August 14, 2025
- Resignation reason: Need for auditors with broader geographical resources
- Board noted delay in FY 2024-25 SDD entries, committed to timely compliance
- No reportable segments identified per Ind AS requirements