ALPHA TRIBE

Sakthi Sugars LimitedOthers, 13-08-2025: Appointment

13-08-2025 | 03:11 pm

Sakthi Sugars' board has approved the financial results for the quarter. The company reported a net loss of ₹1.10 Cr for the quarter, with total income reaching ₹305.97 Cr. This resulted in an EPS of (₹0.09). Auditors highlighted an unprovided expected credit loss of ₹252.20 Cr from a former associate's interest receivable, though the company is confident of recovery. The board appointed Smt. Susheela Balakrishnan, a veteran Chartered Accountant, as an Independent Director, pending shareholder approval. The 63rd Annual General Meeting is scheduled for September 25. Additionally, new Secretarial and Cost Auditors have been appointed.

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