ALPHA TRIBE

Fratelli Vineyards LtdBoard Meeting, 28-05-2025: Board Meeting

28-05-2025 | 10:25 pm

Fratelli Vineyards Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with unmodified auditor opinions. The consolidated results reflect a net loss of Rs. 17.06 Cr and standalone net loss of Rs. 4.23 Cr for the year. The company completed acquisition of Fratelli Wines Private Limited, making it a wholly owned subsidiary, with consolidated financials restated accordingly. The Board appointed M/s Ajay Baroota & Associates as Secretarial Auditors for five years and re-appointed M/s SCV & Co. LLP as Internal Auditors for FY 2025-26. The business segments include wine manufacturing (loss-making), agro commodities, and steel abrasives.

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