Sterling Green Woods Ltd — Board Meeting, 06-06-2025: Board Meeting

Sterling Greenwoods Ltd. has announced a board meeting on 6th June 2025, which approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2025. The company reported total income of ₹144.95 lakh but incurred a loss before tax of ₹108.96 lakh (standalone) and ₹110.51 lakh (consolidated). Key concerns include incomplete implementation of audit trail controls in accounting software and unquantified impairment of certain resort assets. The company is also engaged in ongoing legal disputes involving asset transfers and recovery of dues, with certain matters sub judice. Management is taking steps to address audit qualifications and legal challenges.