Shri Vasuprada Plantations Ltd — Results, 17-05-2025: Result

Shri Vasuprada Plantations Ltd has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a standalone net profit of ₹8.92 Cr for the year, bolstered by an exceptional income of ₹9.63 Cr from a gratuity liability write-back related to the transition to the Assam Gratuity Fund Scheme. Depreciation on rubber assets was reduced following a reassessment after court approval for cutting exhausted rubber trees. Consolidated results showed a net profit of ₹6.10 Cr, with similar exceptional items supporting earnings. The Board also approved a voluntary delisting proposal from The Calcutta Stock Exchange; shares will continue to be listed on BSE. The company maintains adequate security cover for its listed debentures and has complied with all related covenants.