ALPHA TRIBE

Gayatri Sugars LtdUpdates, 29-05-2025: Company Update

29-05-2025 | 06:33 pm

Gayatri Sugars Limited has announced a board meeting outcome including the audited financial results for the quarter and year ended March 31, 2025. The company reported a net profit of ₹38.85 Cr for the quarter and ₹1.07 Cr for the year. Revenue from operations stood at ₹195.26 Cr for the quarter and ₹336.11 Cr for the year, with sugar and distillery as core segments. The auditors issued a qualified opinion due to a contingent liability of ₹2.84 Cr related to disputed electricity duty pending final legal resolution; no provision has been made for this. The company raised ₹23.15 Cr through partial conversion of share warrants, strengthening its financial position. New cost and internal auditors were appointed for FY 2025-26. Debt recovery proceedings related to the Sugar Development Fund loan are expected to be resolved soon. Net worth remains negative at ₹-84.72 Cr, reflecting ongoing financial challenges.

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