White Organic Retail Ltd — Results, 24-05-2025: Result

White Organic Retail Limited has announced a board meeting to approve the audited financial results for the financial year ended March 31, 2025. The company reported a profit of INR 187.06 Lakhs for the year, compared to a loss in the previous year, with total income at INR 128.24 Lakhs. Audit fees for FY 2025-26 were approved, along with the appointment of Giriraj A. Mohta & Company as Secretarial Auditor and reappointment of M/s. Chahan Vora and Associates as Internal Auditor. The company completed acquisition-related share transfers from Seven Billion Breaths Pvt Ltd, enabling upcoming preferential equity allotment. The audit report includes qualified opinions due to limited confirmations on balances and manual accounting processes, highlighting unpaid statutory dues exceeding INR 502 Lakhs and ongoing suspension of share trading on BSE. The company has applied for striking off an immaterial subsidiary. Material uncertainty exists on the company’s ability to continue as a going concern due to unresolved tax liabilities. Management is working to resolve regulatory compliance issues and reinstate trading.