South Asian Enterprises Ltd — Results, 28-05-2025: Integrated Filing
28-05-2025 | 07:51 pm
28-05-2025 | 07:51 pm
South Asian Enterprises Ltd has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a standalone net loss of Rs. 333.53 lakhs for the year, impacted by an exceptional impairment provision of Rs. 318.52 lakhs on loans and investments related to its former subsidiary Chai Thela Private Limited (CTPL). CTPL was sold by the company after accruing losses and failing to repay loans. Consolidated results also reflect an impairment loss of Rs. 160.87 lakhs related to goodwill on CTPL. The company continues to operate across multiple segments, with trading and others contributing most to revenue, while entertainment and food & beverage segments remain loss-making.
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