Standard Industries Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting
20-05-2025 | 03:21 pm
20-05-2025 | 03:21 pm
Standard Industries Limited reported a consolidated net loss of ₹13.51 Cr for FY25, widening from ₹5.68 Cr last year, on lower total income of ₹30.66 Cr versus ₹38.54 Cr. The property division posted losses of ₹1.68 Cr, impacting profitability. EPS stood at negative ₹2.10. The board re-appointed Shri D. H. Parekh as Executive Director for two years, reshuffled the Audit Committee, and renewed key audit appointments. The company is actively exploring ways to monetize surplus property assets. The 128th Annual General Meeting is scheduled for July.
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