ALPHA TRIBE

Sir Shadi Lal Enterprises LtdUpdates, 26-05-2025: Company Update

26-05-2025 | 08:42 pm

Sir Shadi Lal Enterprises Limited has announced a board meeting on May 26, 2025, approving the audited financial results for the quarter and half-year ended March 31, 2025. The company posted a net loss of ₹44.60 Cr for the year, impacted by a change in accounting policy switching land measurement from revaluation to cost model, which reduced revaluation surplus by ₹823.41 Cr. The sugar segment reported a modest profit, while the distillery segment remains non-operational for the year due to planned repairs. The company continues as a going concern under Triveni Engineering & Industries Limited’s support, with plans underway for amalgamation. Secretarial and cost auditors have been appointed for upcoming financial years.

No comments yet. Be the first to comment!

All announcements from Sir Shadi Lal Enterprises Ltd