ALPHA TRIBE

Gayatri Sugars LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 06:35 pm

Gayatri Sugars Limited has announced a board meeting and approved the financial results for the quarter and half-year. The company reported revenue from operations of ₹195.26 Cr and a net profit of ₹38.85 Cr for the quarter ended March 31, 2025, significantly higher than the previous quarter. The Sugar segment remains the primary revenue driver, with distillery contributing moderately. Auditors issued a modified opinion due to a contingent liability of ₹2.84 Cr related to a disputed electricity duty, with potential impact estimated at ₹1.7 Cr. The company strengthened its financial position by raising ₹23.15 Cr via share warrant conversions. Cost and internal auditors were appointed for FY 2025-26. No defaults occurred on loans or debt securities.

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