Sun Retail Ltd — Board Meeting, 30-05-2025: Board Meeting

Sun Retail Limited has announced a board meeting that approved the audited standalone financial results for the quarter and half-year ended March 31, 2025. The company reported total revenue of Rs. 43.77 Cr and total expenses of Rs. 43.66 Cr, resulting in a net profit of Rs. 0.16 Cr with EPS of Rs. 0.01. The auditor issued a qualified opinion highlighting issues including write-offs of Rs. 5.27 lakh payables and Rs. 5.92 lakh receivables without party confirmations, unclear classification of MSME creditors affecting compliance assessment, outstanding TDS liability of Rs. 24.33 lakh under review, and advances totaling Rs. 11.62 Cr given without formal agreements or interest income recognition. Management has taken these steps in good faith and is working on resolving the outstanding concerns.