Sai Capital Ltd — Board Meeting, 29-05-2025: Board Meeting
Sai Capital Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025, on both standalone and consolidated bases, with unmodified audit opinions. The company has appointed M/s Gurkaran Singh & Co. as internal auditors for FY 2025-26. Butterfly Ayurveda Bakery Private Limited, previously a step-down subsidiary, is now treated as a material subsidiary. Standalone results show continued losses with a negative net worth, indicating going concern risks; however, management plans to meet financial obligations through operational cash flows and subsidiaries. Consolidated results report a net profit of ₹1,083.83 lakh for the year, driven primarily by the subsidiaries. Key concerns remain around the core revenue stream and cash losses at the standalone level.
