ALPHA TRIBE

Sharika Enterprises LtdResults, 28-05-2025: Result

28-05-2025 | 08:48 pm

Sharika Enterprises has announced a board meeting where it approved the audited financial results for the quarter and year ended March 31, 2025, with the audit report carrying an unmodified opinion. The company reported revenue from operations of Rs. 79.50 Cr and a profit after tax of Rs. 0.97 Cr for the year, compared to Rs. 77.41 Cr and Rs. 2.26 Cr respectively the previous year. Investments and loans to its subsidiary Sharika Spintech stand at Rs. 5.66 Cr, with management confident about the valuation based on a collaboration to enhance smart grid automation solutions. The consolidated results include the newly acquired 60% stake in Contronics Switchgear India Private Limited. The company operates mainly in EPC services for electrical cables, capacitors, and turnkey projects. Cash flow from operations stood positive, supporting ongoing business activities and debt servicing.

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