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Fratelli Vineyards LtdResults, 28-05-2025: Result

28-05-2025 | 10:38 pm

Fratelli Vineyards Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and half-year. The company reported a consolidated net loss before tax of Rs. 22.69 Cr and a net loss of Rs. 17.06 Cr for the year, impacted by higher expenses and subdued segment performance, especially in wine manufacturing. On standalone basis, the company posted a net loss of Rs. 5.10 Cr. 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 statutory auditor provided unmodified opinions on all financials. The company’s acquisition of Fratelli Wines Private Limited was accounted under common control consolidation, making it a wholly owned subsidiary, which expanded its operations base.

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