ALPHA TRIBE

Zodiac Ventures LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 01:37 pm

The board of Zodiac Ventures has met and approved the financial results for the quarter ended June 30, 2025. The company reported consolidated net sales of approximately Rs. 0.64 Cr and a profit after tax of around Rs. 0.30 Cr. Operationally, the new Zodiac Guruchhaya Project has commenced construction, estimated to generate sales of approximately Rs. 110 Cr. An associate company's real estate project faces ongoing litigation with a joint developer, but the management expresses confidence in a favorable resolution due to a court-issued stay order. Construction has resumed for a key building, with part occupancy already obtained. Additionally, interest-free advances of about Rs. 2.24 Cr are outstanding, which management expects to recover.

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