ALPHA TRIBE

Starlineps Enterprises LtdBoard Meeting, 20-05-2025: Board Meeting

20-05-2025 | 04:31 pm

StarlinePS Enterprises Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with an unmodified auditor’s opinion. The company, engaged in trading diamonds and jewellery, reported revenue from operations of Rs. 13.90 Cr for the quarter and Rs. 73.35 Cr for the year. It posted a net loss of Rs. 0.88 Cr for the quarter but a net profit of Rs. 6.58 Cr for the year on a standalone basis. Consolidated results were similar, with a quarterly loss and annual profit. The company increased its authorized share capital to Rs. 37 Cr after a bonus share issue and share subdivision. Assets nearly doubled year-on-year to Rs. 53.22 Cr, supported by higher inventories and receivables. Cash flow from operations remained positive. No investor complaints were pending, and the company shifted its registered office recently.

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