Tavernier Resources Ltd — Results, 14-05-2025: Result

Tavernier Resources Limited has announced a board meeting outcome approving the audited financial results for the quarter and year ended March 31, 2025, with auditors issuing an unmodified opinion. The company reported a net profit of Rs. 266.35 lakhs for the year, reversing a loss of Rs. 29.75 lakhs in the previous year, supported by net sales of Rs. 259.5 lakhs and other income of Rs. 267.7 lakhs. Cash and cash equivalents improved significantly to Rs. 431.59 lakhs. Additionally, M/s. Parekh Sharma & Associates resigned as statutory auditors due to workload, effective immediately. This change may lead to the appointment of a new auditor soon.