ALPHA TRIBE

South India Paper Mills LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 06:53 pm

The South India Paper Mills Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company reported total income of ₹94.30 Cr and total expenses of ₹97.22 Cr for the quarter ended March 2025, resulting in a net loss of ₹2.26 Cr and comprehensive loss of ₹1.88 Cr. The loss includes an exceptional item related to fire incident claims from the previous year. The balance sheet shows a stable equity base of ₹211.18 Cr and liabilities at ₹231.91 Cr. Operating cash flow was positive at ₹40.29 Cr, while financing activities saw a net outflow. The audit report was issued with an unmodified opinion, indicating clean financials with no qualifications.

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