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S H Kelkar and Company Ltd (SHK) has provided a business update for Q4 FY2025, reporting consolidated revenues of ₹2,110 crore, a 15% year-on-year increase, fueled by robust demand in small and mid-sized accounts. Despite ongoing supply chain disruptions affecting gross margins, the company anticipates margin recovery in FY2026 due to pricing strategies and improving input costs. As of March 31, 2025, net debt is reported at ₹670 crore, with an interim relief of ₹95 crore received from an insurer not included in this figure. Limited exposure to the US market mitigates potential risks from recent tariff measures. This update highlights a positive outlook for growth, although supply chain challenges remain a factor to watch.