Starlog Enterprises Ltd — Updates, 12-05-2025: Company Update
Starlog Enterprises Limited has announced a board meeting on May 12, 2025, where it approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with an unmodified auditor’s opinion. Standalone profit after tax stood at Rs. 27.06 Cr, up from a loss last year, driven by exceptional gains from sale of land, machinery, and write-backs. Consolidated PAT was Rs. 26.08 Cr, showing a strong turnaround. The Board appointed Mr. Ritul Parmar as Secretarial Auditor and Bhattacharya Das and Co. as new Statutory Auditors for a five-year term, subject to shareholder approval. The 41st Annual General Meeting will be convened on June 12, 2025. Notably, there are ongoing legal and shareholding disputes involving some associate companies, affecting reported investments and contingent liabilities.
