Sir Shadi Lal Enterprises Ltd — Updates, 26-05-2025: Company Update
26-05-2025 | 08:42 pm
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!
