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Fervent Synergies LtdResults, 22-05-2025: Result

22-05-2025 | 03:12 pm

Fervent Synergies Limited has announced a board meeting on to approve the financial results for the quarter and half-year. The board approved the audited financial results for the quarter and year ended March 31, 2025, reflecting a net profit of Rs. 295.36 lakh for the year, recovering from a loss of Rs. 1,284.16 lakh the previous year. The foods division turned profitable with Rs. 212.23 lakh segment profit, while the finance division showed a profit of Rs. 176.83 lakh, improving from prior losses. The company re-appointed Mr. Jayesh Doshi as Internal Auditor and M/s. Sindhu Nair & Associates as Secretarial Auditors. Audit was unqualified with a clean opinion. Key related party transactions include loans of Rs. 4,100 lakh to Verve Greens Holding & Realty Pvt Ltd and Rs. 2,579.3 lakh in product purchases from Verve Greens Inc.

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