Shiva Mills Limited — Important, 22-05-2025: Updates

Shiva Mills reported a wider net loss of Rs 3.81 Cr for the year against Rs 3.25 Cr previously, amid rising expenses despite modest revenue growth to Rs 1,693 Cr. Earnings per share turned negative at Rs 4.41, with no dividend declared. The board has announced a meeting to approve the financial results for the quarter and half-year. Management plans partial changes to key executives’ remuneration, awaiting shareholder nod. Audit appointments for FY 2025-26 were also approved. Operational challenges continue to pressure profitability.