Zodiac Ventures Ltd — Board Meeting, 30-05-2025: Board Meeting
Zodiac Ventures Ltd. has announced a board meeting to approve the financial results for the quarter and half-year. The company reported standalone net sales of Rs. 30 lakh for the quarter and Rs. 160.26 lakh for the year, with a profit after tax of Rs. 21.87 lakh for the quarter and Rs. 96.13 lakh for the year. The consolidated results include associates and show a profit after tax of Rs. 27.05 lakh for the quarter and Rs. 101.29 lakh for the year. A disputed Rs. 8.75 Cr advance has been written off following an unfavorable arbitration award, but management remains confident on recoverability and future cash flows from ongoing projects. The statutory auditors issued an unmodified opinion on these results. The company is focused on real estate development, with current assets and inventories increasing substantially to support upcoming sales.
