Piccadily Sugar & Allied Industries Ltd — Board Meeting, 08-05-2025: Board Meeting

Piccadily Sugar and Allied Industries Ltd. has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025. The company reported revenue from operations of Rs. 426.81 lakh for the quarter and total income of Rs. 635.59 lakh for the year. It posted a net profit of Rs. 72.93 lakh for the quarter but incurred a net loss of Rs. 490.04 lakh for the year. The company is progressing with the implementation of an ethanol plant, which may diversify revenue streams. Total assets increased to Rs. 9,504.14 lakh, supported by significant capital work-in-progress additions. Net cash from operations rose sharply, aided by increased payables, while investments in fixed assets impacted cash flows negatively.