Standard Industries Limited — Others, 21-05-2025: Copy of Newspaper Publication

Standard Industries has announced a board meeting on which it approved the financial results for the quarter and half-year. Consolidated total income increased to ₹8.83 Cr from ₹6.90 Cr year-over-year, but it posted a net loss after tax of ₹4.45 Cr versus a profit previously. Standalone income rose to ₹8.03 Cr with a net loss of ₹4.19 Cr. The company is reclassifying its Mumbai apartment property as stock-in-trade to unlock value. Auditors have provided an unqualified opinion, confirming the results’ reliability.