Sheshadri Industries Ltd — Results, 23-05-2025: Result
Sheshadri Industries Limited has announced a board meeting on which the board approved the audited financial results along with the balance sheet, cash flow statement, and auditors' report for the quarter and financial year ended March 31, 2025. The company also appointed M/s. LANS & CO as internal auditors for FY 2025-26. Revenue from operations stood at ₹518.39 lakhs for the quarter and ₹2,820.02 lakhs for the year, delivering a profit of ₹613.30 lakhs for the quarter and ₹837.21 lakhs for the year, including an exceptional gain of ₹479.96 lakhs from land sale. Despite accumulated losses and current liabilities exceeding current assets, the financials were prepared on a going concern basis, supported by the market value of immovable properties. The auditor issued a qualified opinion due to unpaid statutory dues interest of ₹21.85 lakhs and unresolved long-pending payables and capital advances totaling ₹957.86 lakhs.
