ALPHA TRIBE

Keerthi Industries LtdResults, 29-05-2025: Result

29-05-2025 | 06:07 pm

Keerthi Industries Limited has announced a board meeting outcome approving the audited financial results for the quarter and financial year. The company reported a loss before tax of ₹33.69 Cr for the year, widening from ₹20.74 Cr the previous year, driven by a decline in its Cement segment sales and sustained losses, despite positive contribution from Electronics. Other key decisions include appointing M/s VCSR & Associates as Secretarial Auditors for five years (subject to shareholder approval) and re-appointing M/s Vasireddy and Associates as Cost Auditors. The board also approved the sale of its Electronics Division, including related intellectual property and contracts, to Hyderabad Bottling Co Pvt Ltd as a going concern, with shareholder approval sought via postal ballot. The statutory auditors issued an unmodified opinion on the financial results.

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