White Organic Agro Ltd — Board Meeting, 30-05-2025: Board Meeting

White Organic Agro Limited has announced a board meeting outcome approving the audited financial results for the quarter and financial year ended March 31, 2025. The company reported a consolidated revenue of Rs. 24.37 Cr and a net profit of Rs. 1.73 Cr for the year. The auditor issued a qualified opinion due to non-provision of a doubtful loan of Rs. 2.02 Cr related to an outstanding loan to Future Farms LLP, and non-transfer of unpaid dividends of Rs. 45,669 from FY 1997-98 to the Investor Education and Protection Fund. Management believes the loan is recoverable and is taking steps to address the dividend compliance issue. Total equity stands at Rs. 57.53 Cr with cash and cash equivalents of Rs. 0.49 Cr. The company’s financials reflect steady operations despite auditor qualifications, and ongoing efforts to resolve legacy issues.