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SVA India LtdUpdates, 30-06-2025: Company Update

30-06-2025 | 05:48 pm

SVA India Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net profit of Rs. 62.69 lakhs in standalone terms and Rs. 62.69 lakhs consolidated, reversing prior losses. Total income stood at Rs. 223.72 lakhs in both standalone and consolidated results. The auditor issued a qualified opinion due to non-compliance with Ind AS 19 on employee benefits, as the company currently lacks post-employment benefit plans and has fewer than 10 employees; management intends to achieve full compliance next year. The consolidated results include earnings of Rs. 161.27 lakhs and losses of Rs. 64.62 lakhs from two associates whose financials were unaudited due to ongoing litigation and audit delays. Total assets were Rs. 2749.85 lakhs and net worth Rs. 949.12 lakhs.

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