Zodiac Ventures Ltd — Results, 30-05-2025: Result

Zodiac Ventures Ltd has announced a board meeting on which it approved 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 and Rs 96.13 lakh, respectively. Consolidated profit after tax stood at Rs 27.05 lakh for the quarter and Rs 101.29 lakh for the year, including contributions from associate companies. Key challenges include pending litigation related to its Hanuman Nagar project and a write-off of Rs 8.75 Cr on advances to Akshar Group due to contract disputes. The management remains confident about recoverability of advances and project proceeds, expecting improved cash flows ahead. Statutory auditors gave an unmodified opinion on the results.