The State Trading Corporation of India Limited — Board Meeting, 13-06-2025: Outcome of Board Meeting

The State Trading Corporation of India has announced a board meeting approving the financial results for the year ended March 31, 2025. Net profit dropped sharply to Rs 25.72 Cr from Rs 52.21 Cr last year, with other income rising to Rs 125.08 Cr and stable employee costs at Rs 30.89 Cr. The company remains a non-operating entity burdened by stressed assets—trade receivables include Rs 627.28 Cr impaired and Rs 1,069.83 Cr in litigation. Borrowings stand at Rs 806.23 Cr, all classified as NPA, with ongoing settlement talks. Cash reserves shrank to Rs 40.31 Cr. Management continues to focus on recoveries, but structural headwinds persist. No dividends or fundraisings were announced.