Sumuka Agro Industries Ltd — Board Meeting, 31-05-2025: Board Meeting
Sumuka Agro Industries Limited has announced a board meeting on which approved the audited financial results for the quarter and year ended March 31, 2025. The company reported net sales of Rs. 1,750.15 lakhs for the quarter and Rs. 6,229.51 lakhs for the year, with a profit before tax of Rs. 89.75 lakhs for the quarter and Rs. 365.99 lakhs for the year. Exceptional items of Rs. 10.78 lakhs relate to written-off irrecoverable balances and merger-related expenses. Auditors issued an unmodified opinion but highlighted uncertainties on realizability of loans amounting to Rs. 55.54 lakhs due to struck-off parties, unverified investments of Rs. 3.45 lakhs, and unpaid interest to MSME suppliers. Total equity increased to Rs. 1,616.21 lakhs from Rs. 1,342.32 lakhs year-on-year.
