ALPHA TRIBE

Sir Shadi Lal Enterprises LtdBoard Meeting, 26-05-2025: Board Meeting

26-05-2025 | 08:38 pm

Sir Shadi Lal Enterprises Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income of ₹268.34 Cr for the year, with a loss after tax of ₹44.60 Cr, compared to a loss of ₹9.19 Cr the previous year. The sugar segment showed improved profitability, while the distillery segment remained under repair and was non-operational during the period. The company changed its accounting policy for land measurement from revaluation to cost model, leading to a retrospective reduction in revaluation surplus and asset values. The company remains a subsidiary of Triveni Engineering & Industries Limited, which continues to provide technical and financial support. Appointments of secretarial and cost auditors for forthcoming years were also approved.

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