Suraj Industries Ltd — Others, 02-08-2025: Others
SURAJ INDUSTRIES LTD has released its annual report, highlighting a strategic shift in business focus from trading to the liquor sector. For the recently concluded financial year, standalone revenue was ₹32.18 Cr, resulting in a net loss of ₹0.72 Cr. Consolidated net profit stood at ₹4.03 Cr, significantly boosted by its associate's profit contribution of ₹5.89 Cr. The company is actively expanding its liquor operations, having commissioned a new bottling line and currently developing a distillery through its material subsidiary, Carya Chemicals. It also raised ₹19.48 Cr via a rights issue and plans a ₹20.46 Cr preferential allotment for further subsidiary stake. The upcoming Annual General Meeting will consider director appointments and various related party transactions crucial for the company's growth strategy.
