Singer India Ltd — Results, 22-05-2025: Result

Singer India Limited has announced a board meeting approving the financial results for the quarter and half-year. The company posted revenue from operations of Rs. 121.67 Cr for the quarter and Rs. 431.67 Cr for the year, with a profit before tax of Rs. 5.63 Cr quarterly and Rs. 10.04 Cr annually. Profit for the year rose to Rs. 7.39 Cr from Rs. 4.50 Cr last year. The statutory auditor issued an unmodified opinion on the audited results. The company is currently involved in a legal matter concerning cancellation of a BIS license affecting import of certain Zig-Zag sewing machines, but continues to import these under temporary approvals while exploring alternate products to mitigate impact. Employee stock options under the ESOP 2023 plan remain outstanding and partially exercised.