Outcome of Board Meeting held on 30th May, 2025 to consider and approve Audited Financial Results for the Quarter and Year ended on 31st March, 2025.

The Board approved audited financial results for FY25 and Q4 along with the appointment of Secretarial, Internal, Cost and Tax auditors. Total income for FY25 stood at Rs 3,264.55 lakhs vs Rs 3,126.28 lakhs last year, while reported PAT swung to a profit of Rs 91.53 lakhs from a loss of Rs 320.21 lakhs in FY24. However, the statutory auditor issued a Qualified Opinion, flagging two key issues: (i) non-provisioning of old overdue trade receivables of Rs 9.81 crores, and (ii) no impairment study done for the loss-making Fertiliser segment where capacity utilisation is below 10%. If these qualifications were adjusted, PAT would swing to a loss of Rs 8.90 crores and EPS would turn negative at Rs (1.68). The company also shared updates on its Anchaviyo Resort expansion, Wembley-60 residential project, an MoU with GFL for SSP marketing (~Rs 40 crores potential revenue), and conversion of its 120-acre Wada land to non-agricultural status.