Netripples Software Limited shareholders approved the appointment of M/s. Kode Hemachand as its Secretarial Auditor during the Annual General Meeting held on September 30, 2025.

The appointment covers a term of five consecutive years, effective from the conclusion of the AGM until the AGM scheduled for 2030. The resolution was passed as an Ordinary Resolution following recommendations from the Audit Committee and the Board of Directors.

Appointment Details

The firm will conduct Secretarial Audits in compliance with Section 204 of the Companies Act, 2013, and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. Remuneration for the services is to be determined by the Board in consultation with the auditor.

Mazhar Pasha, Managing Director and Compliance Officer, has been authorized to execute necessary filings with the Registrar of Companies and BSE Limited to give effect to the resolution.

Netripples Software Limited reported a significant improvement in its cash position for the fourth quarter of FY25. The Hyderabad-based IT services firm disclosed an audited net increase in cash and cash equivalents of ₹43.5 lakh, reversing a decline seen in the corresponding period last year.

The company filed its audited cash flow statement with BSE Limited on April 21, 2025, for the quarter ended March 31, 2025. The filing was signed by the authorised signatory and audited by BGS & Associates, Chartered Accountants.

Cash Flow Performance

Operating activities remained the primary driver of liquidity for Netripples in Q4FY25. Net cash flows from operating activities rose 126% year-on-year to ₹88.9 lakh, compared to ₹37.9 lakh in Q4FY24. This surge was supported by a profit before tax of ₹2.3 lakh, up from ₹1.9 lakh in the prior year.

Investing outflows moderated significantly during the quarter. Net cash used in investing activities fell to ₹45.3 lakh from ₹89.9 lakh in Q4FY24. This reduction was largely due to lower capital expenditure on property, plant, and equipment, which stood at ₹69.8 lakh, down from ₹139.3 lakh in the previous year.

What the Numbers Show

A key divergence in the data is the relationship between operating cash flow and capital expenditure. While operating cash inflows more than doubled to ₹88.9 lakh, investing outflows were cut by nearly half to ₹45.3 lakh. This combination allowed the company to generate a positive net cash change of ₹43.5 lakh, compared to a net decrease of ₹52.1 lakh in Q4FY24. The working capital adjustments contributed ₹67.8 lakh to reconciling profit to operating cash flow, indicating improved efficiency in managing trade receivables and payables relative to the prior period.

Balance Sheet Position

The company ended the quarter with ₹47.7 lakh in cash and cash equivalents, a substantial increase from the opening balance of ₹4.2 lakh. In contrast, the corresponding period last year ended with only ₹4.1 lakh in cash after starting with ₹56.2 lakh. Financing activities remained negligible, with interest payments of ₹0.01 lakh recorded in both periods.