ALPHA TRIBE

Standard Industries LimitedBoard Meeting, 01-08-2025: Outcome of Board Meeting

01-08-2025 | 01:47 pm

The Board of Standard Industries Ltd (SIL) has approved its consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹10.49 Cr but recorded a net loss of ₹1.02 Cr for the quarter. A key strategic focus remains the Property Division, which holds assets earmarked for potential liquidation. SIL also maintains a significant ₹59.70 Cr equity investment in its wholly-owned subsidiary, Standard Salt Works Limited, with no impairment provision deemed necessary given its long-term strategic value.

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