Sun Retail Ltd — Results, 30-05-2025: Result
Sun Retail Limited has announced a board meeting on which it approved the audited standalone financial results for the half year and year ended March 31, 2025. Revenue stood at Rs. 4377.08 lakhs with total expenses close at Rs. 4366.04 lakhs, resulting in a modest profit of Rs. 16.31 lakhs. The auditor issued a qualified opinion highlighting concerns over unpaid confirmations related to creditor/payable settlements totaling Rs. 5.27 lakhs and receivables written off amounting to Rs. 5.92 lakhs. Other issues include unclear MSME classification of creditors and an outstanding TDS liability of Rs. 24.33 lakhs pending reconciliation. The company is actively addressing these audit concerns and records advances of Rs. 1162 lakhs given without formal agreements. Management believes the financial statements present a fair view despite these qualifications.
