TechPrecision Corporation reported its financial results for the fourth quarter and full fiscal year ended March 31, 2025. For Q4 FY2025, the company achieved net income of $0.1 million, a significant improvement from a net loss of $0.59 per share in the prior-year quarter, with revenue rising to $9.5 million, up from $8.6 million.
The fourth quarter saw gross profit jump 70%, with gross margin reaching 22% compared to 14% in the prior year, indicating improved operating performance at both Ranor and Stadco. Operating income was $0.4 million, up from a $2.5 million operating loss in the prior year, and Stadco swung from a loss to an operating profit.
For the full fiscal year 2025, TechPrecision reported annual revenue of $34.03 million and a net loss of $2.75 million. The company's order backlog stood at $48.6 million as of March 31, 2025, which is expected to be delivered over the next one to three fiscal years with anticipated gross margin expansion.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.