ALPHA TRIBE

Tarini International LtdResults, 30-05-2025: Result

30-05-2025 | 04:04 pm

Tarini International Ltd. has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and half-year ended March 31, 2025. The standalone results show total income of Rs. 260.46 Lakhs with a profit before tax of Rs. 48.66 Lakhs, while consolidated results report total income of Rs. 254.33 Lakhs and a profit before tax of Rs. 42.19 Lakhs. Auditors issued a qualified opinion due to accumulated losses and net capital deficiency in subsidiaries, where investments of Rs. 121.59 Lakhs are considered good by management despite uncertainty and no provisioning for diminution. Key issues include unconfirmed receivables and a provisional attachment of a company asset, which is under legal stay. The company has ongoing legal appeals related to penalties and show-cause notices under the Companies Act, with outcomes pending. Management remains confident in subsidiary recoveries and future order wins despite current setbacks.

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