South India Paper Mills Ltd — Others, 25-08-2025: Others

The South India Paper Mills has submitted its Annual Report for FY25 and will hold its 66th Annual General Meeting on September 18, 2025. For FY25, revenue from operations increased to 369.31 Cr from 312.31 Cr last year. Profit Before Interest, Depreciation, and Tax (PBDIT) improved to 22.53 Cr (vs 18.71 Cr), but the company posted a net loss of 9.64 Cr (narrowed from 13.43 Cr). Operational efficiency at the paper mill improved. The Board did not propose a dividend due to the loss, and long-term credit ratings were downgraded to [ICRA]BB+ due to the incurred losses. The company also appointed new Independent Directors.