Shalimar Agencies Ltd — Results, 28-05-2025: Result

Spice Lounge Food Works Limited has announced a board meeting on the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported standalone revenue of Rs. 66.21 lakh with a net profit of Rs. 19.41 lakh for the year, reversing previous losses. Consolidated revenue stood at Rs. 105.27 Cr, but the company posted a consolidated net loss of Rs. 3.64 Cr for the year due to higher finance costs. The business now operates in two segments: Software & IT services and Food & Restaurant services, following acquisitions of Teksoft Systems and two restaurant entities via share swaps. Equity shares have been split 1:10, increasing the number of shares. The investments and goodwill on consolidation have significantly increased the asset base, reflecting the expanded operations. This diversification and operational scale-up mark a strategic shift in the company’s profile, relevant for shareholders tracking growth and profitability trends.