Shakti Press Ltd — Results, 29-05-2025: Result

Shakti Press Limited has announced a board meeting on 26 May 2025 to discuss the financial results for the quarter and half-year. The audited results show total revenue of Rs. 1305.01 lakh and net profit of Rs. 6.70 lakh for the year. Key concerns raised by auditors include unresolved long-outstanding share application money of Rs. 4.13 lakh, lack of manufacturing and inventory details, unverified stock, and numerous old debtor balances including Rs. 173.32 lakh over three years old that remain unreconciled due to ongoing litigations. The company has not recognized deferred tax assets/liabilities and did not maintain component-wise asset records. The MD suffered a major stroke but has resumed duties. Disputed GST and income tax demands totaling Rs. 1 crore are under contest, with the company optimistic about favorable outcomes. Management has committed to address most audit issues in the current year.