Taylormade Renewables Ltd — Results, 14-08-2025: Result
14-08-2025 | 06:51 pm
14-08-2025 | 06:51 pm
Taylormade Renewables' Board has approved its financial results for the quarter ended June 30, 2025. The company reported standalone revenue of 1,637.98 and a loss of -73.35. Consolidated figures show revenue of 1,674.62 and a loss of -71.12. This shift to a loss is primarily due to a significant provision for bad debts arising from an ongoing dispute with debtors, leading to a higher tax expense. Auditors have also highlighted concerns regarding the valuation of inventory, which was not performed as per accounting standards, and unconfirmed balances of debtors and advances for land purchase. Investors should note these accounting discrepancies.
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